IFRS Discussion Group – Report on October 16, 2018 Meeting

Start date:

End date:

Location: Toronto

On November 22, 2018, the Accounting Standards Board released a summary of the Group’s discussions.

ITEMS PRESENTED AND DISCUSSED AT THE OCTOBER 16, 2018 MEETING

  • IFRS 11 and IFRS 16: Identifying the Customer in a Lease Contract for the Use of Assets by a Joint Arrangement
  • IFRS 11 and IAS 28: Assessing for Joint Control
  • IFRS 16 and IAS 16: Accounting for Asset Retirement Obligations
  • IFRS 16: Identifying Separate Lease Components
  • IFRS 16: Guidance on “Low-value” Leases
  • IFRS 16: Lessee’s Discount Rate
  • IFRS 2 and IAS 8: Modifications to Performance Conditions
  • Cryptocurrencies – Employee Benefits

UPDATE ON PREVIOUS ITEMS DISCUSSED BY THE GROUP

  • IAS 2 and IAS 41: Cannabis Accounting – Costs Incurred Related to Biological Transformation and Presentation
  • IFRS 16 and IAS 38: Cloud Computing Arrangements
  • Cryptocurrencies

OTHER MATTERS

  • IASB Discussion Paper: Financial Instruments with Characteristics of Equity
  • Liabilities in Relation to a Joint Operator’s Interest in a Joint Operation
  • IBOR Reform

PRIVATE SESSION

  • IASB Document for Comments

Read the meeting summary and listen to the audio recordings of the Group’s full discussion on the AcSB's Web site.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.