IFRS Discussion Group – Report on December 12, 2019 Meeting
Start date:
End date:
Location: Toronto
On January 28, 2020, the Accounting Standards Board released a summary of the Group’s discussions.
ITEMS PRESENTED AND DISCUSSED AT THE DECEMBER 12, 2019 MEETING
- IFRS 16 and IAS 16: Lease Term and Useful Life of Leasehold Improvements
- IFRS 16: Application of Definition of Lease to a Surface Right
- IFRS 15, IFRS 16, IAS 2, and IAS 41: Impacts of IFRS 16 on Inventory Costing, Revenue Recognition, and Biological Assets
- IAS 19 and IAS 34: Pension Remeasurement for Significant Market Fluctuations during an Interim Period
- IFRS 3 and IAS 12: Deferred Taxes on Goodwill in a Business Combination
- IAS 36: Climate Change and Asset Impairment
- IAS 32: Classification of Limited Partnership Units
- IAS 19: Long-term Bonus Plans Contingent on Future Events or Performance
- International Accounting Standards Board’s 2020 Agenda Consultation
PREVIOUS ITEMS DISCUSSED BY THE GROUP
- IFRS 16: Right to Control Assessment
- IFRS 3, IAS 12, IFRIC 23: Uncertain Tax Position Acquired in a Business Combination
- IFRS 16: Sales-leaseback Transaction with Variable Payments
- IFRS 16 and IAS 37: Variable Lease Payments and Onerous Lease Provisions
OTHER MATTERS
- Reminders on IASB® Documents for Comments
- Classification of Liabilities as Current or Non-current (Amendments to IAS 1)
Goodwill and Impairment
Read the meeting summary and listen to the audio recordings of the Group’s full discussion on the AcSB's Web site.
Related Topics
- IAS 2 — Inventories
- IAS 12 — Income Taxes
- IAS 16 — Property, Plant and Equipment
- IAS 19 — Employee Benefits (2011)
- IAS 32 — Financial Instruments: Presentation
- IAS 34 — Interim Financial Reporting
- IAS 36 — Impairment of Assets
- IAS 37 — Provisions, Contingent Liabilities and Contingent Assets
- IAS 41 — Agriculture
- IFRS 3 — Business Combinations
- IFRS 15 — Revenue from Contracts with Customers
- IFRS 16 — Leases
