IFRIC Update – April 29, 2020

Start date:

End date:

Location: London

On May 6, 2020, the IFRS Interpretations Committee released a summary of its April 29, 2020 meeting.

The following items were discussed:

Items on the current agenda

  • Supply Chain Financing Arrangements—Reverse Factoring

Committee’s agenda decisions

  • Multiple Tax Consequences of Recovering an Asset (IAS 12 Income Taxes)

Other matters

  • Committee Work in Progress

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

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