IFRS Discussion Group – Report on December 17, 2020 Meeting
Start date:
End date:
Location: Toronto
On January 29, 2021, the Accounting Standards Board released a summary of the Group’s discussions as follows:
ITEMS PRESENTED AND DISCUSSED AT THE DECEMBER 17, 2020 MEETING
- IAS 1: Classification of Debt with Covenant as Current or Non-Current
- Disclosures of COVID-19 Impacts
- IFRS 9: Classification of Limited Recourse Capital Notes by the Holder
- IAS 36: Impairment Test on Right-of-Use Assets
PREVIOUS ITEMS DISCUSSED BY THE GROUP
- IAS 1: Application of Paragraph 72A to Classify a Term Loan as Current or Non-Current
OTHER MATTERS
- Goodwill and Impairment
- Sustainability Reporting
- Configuration or Customization Costs in a Cloud Computing Arrangement
- Classification of Debt with Covenants as Current or Non-current
- Lease Liability in a Sale and Leaseback
- Post- implementation Review of IFRS 10 Consolidated Financial Statements, IFRS 11 Joint Arrangements and IFRS 12 Disclosure of Interest in Other Entities
- Business Combinations under Common Control
PRIVATE SESSION
- IASB Documents for Comments
Read the meeting summary on the AcSB's Web site.
Related Topics
- Lease Liability in a Sale and Leaseback [Completed]
- Post-implementation Review of IFRS 10, IFRS 11 and IFRS 12 [Completed]
- Business Combinations under Common Control (Potential Amendments to IFRS 3) [DP]
- Business Combinations – Disclosures, Goodwill and Impairment (Possible Amendments to IFRS 3 and IAS 36) [Research]
- IFRS Foundation consultation on establishing a sustainability standards board [Completed]
