IFRIC Update - May 9, 2018

Start date:

End date:

Location: London

On May 15, 2018, the IFRS Interpretations Committee released a summary of its May 9, 2018 meeting.

The following items were discussed:

Items on the current agenda

  • Foreign exchange restrictions (IAS 21 The Effects of Changes in Foreign Exchange Rates)
  • Payments relating to taxes other than income tax (IAS 37 Provisions, Contingent Liabilities and Contingent Assets)

Other matters

  • Committee work in progress

Review the IFRIC Update on the International Accounting Standards Board's Web site.

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