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IFRS Discussion Group – Report on September 10, 2015 Meeting

Start date:

End date:

Location: Toronto

The following topics were discussed at the meetings:

Items Presented and Discussed at the September 10, 2015 Meeting

  • IAS 19: Annuity Buy-ins
  • IAS 38: Cloud Computing Arrangements
  • IAS 7: Disclosure of Interest in the Statement of Cash Flows
  • IAS 21: Determining Functional Currency
  • IAS 21 and IAS 39: Translation of a Monetary Asset in an Economy with Multiple Exchange Rates
  • IAS 21 and IAS 39: Translation of an Equity Investment and Impairment Considerations
  • IFRS 9: Effective Interest Rate
  • IAS 12 and IAS 34: Income Tax Expense for Interim Periods
  • IFRS 3 and IAS 12: Uncertain Tax Positions Acquired in a Business Combination

Update on Previous Items Discussed by the Group

  • IAS 23: Impairment
  • IAS 33: Escrow Share Arrangements
  • IFRS 3, IAS 16 and IAS 37: Contingent Consideration in an Asset Purchase
  • IFRS 3: Various Issues
  • IAS 1: Classification of Long-term Debt to Be Repaid from an Offering

Other Matters

  • IFRS 3: Business Combinations
  • IFRS 15: Revenue from Contracts with Customers
  • Sale or Contribution of Assets between an Investor and its Associate or Joint Venture (Amendments to
  • IFRS 10 and IAS 28)
  • IASB Agenda Consultation

Review the Report on the AcSB's Web site. The audio recordings of the Group’s full discussion is also available.

Related Topics

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