IFRIC Update - July 12, 2016
Start date:
End date:
Location: London
Items on the current agenda:
- IAS 21 The Effects of Changes in Foreign Exchange Rates—Foreign currency transactions and advance consideration
- IAS 19 Employee Benefits and IFRIC 14 IAS 19 – The Limit on a Defined Benefit Asset, Minimum Funding Requirements and their Interaction— Comment letter summary
- IAS 12 Income Taxes—Uncertainty over Income Tax Treatments: Comment letter summary
Interpretations Committee’s tentative agenda decisions:
- IAS 12 Income Taxes—Expected manner of recovery of indefinite life intangible assets when measuring deferred tax
Interpretations Committee’s agenda decisions:
- IFRS 11 Joint Arrangements and IFRS 10 Consolidated Financial Statements—Accounting for loss of control transactions
- IFRIC 12 Service Concession Arrangements—Payments made by an operator to a grantor in a service concession arrangement
Other matters:
- Interpretations Committee work in progress update
Review the IFRIC Update on the IASB's Web site.