IFRS Discussion Group – Report on November 29, 2016 Meeting

Start date:

End date:

Location: Toronto

On February 21, 2017, the Accounting Standards Board released a summary of the Group’s discussions.

The following topics were discussed at the meetings:

Items Presented and Discussed at the November 29, 2016 Meeting

  • IAS 8 and IAS 12: Change in Tax Rate for Indefinite Life Intangible Assets
  • IAS 21: Source of Exchange Rates
  • Update on Implementation Support
  • IFRS 16: Transition
  • IFRS 9: Non-viability Contingent Conversion Feature
  • IAS 16: Capitalization of Costs
  • Settlement of a Shareholder Loan

Update on Previous Items Discussed by the Group

  • IFRS 6: Technical Feasibility and Commercial Viability
  • IFRS 15: Guidance on Transition Resource Group
  • IFRS 3 and IAS 39: Transaction Price Allocation

Other Matters

  • IFRS 5 and IFRS 9: Application of IFRS 9 to Transactions of a Subsidiary when the Subsidiary is Held for Sale
  • IASB Agenda Consultation
  • Pension and Post-employment Benefit Plans

Private Sessions

  • IASB's Accounting Standards Advisory Forum Topics

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

Related Topics

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