IFRS Discussion Group – Report on May 27, 2020 Meeting
Start date:
End date:
Location: Toronto
On July 2, 2020, the Accounting Standards Board released a summary of the Group’s discussions as follows:
ITEMS PRESENTED AND DISCUSSED AT THE MAY 27, 2020 MEETING
- IFRS 16: Accounting for COVID-19 Related Rent Concessions
- Financial Reporting Considerations of COVID-19
- IAS 1: Application of Paragraph 76B to Classify Convertible Debt as Current or Non-current
- IFRS 3 and IFRS 16: Accounting for Acquired Leases in a Business Combination
- IFRS 3 and IFRS 16: Accounting for Acquired Leases in an Asset Acquisition
PREVIOUS ITEMS DISCUSSED BY THE GROUP
- 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
- Report on Public Meeting on May 27, 2020 – Non-authoritative material
OTHER MATTERS
- Reminders on IASB® Documents for Comments
- General Presentation and Disclosures (Primary Financial Statements)
- Classification of Liabilities as Current or Non-current – Deferral of Effective Date (Amendment to IAS 1)
- Goodwill and Impairment
PRIVATE SESSION
- Documents for comment
Read the meeting summary and listen to the audio recordings of the Group’s full discussion on the AcSB's Web site.