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IFRIC Update – April 20, 2021

Start date:

End date:

Location: London

On April 29, 2021, the IFRS Interpretations Committee released a summary of its April 20, 2021 meeting.

The following items were discussed:

Agenda decisions for Board consideration

  • Attributing Benefit to Periods of Service (IAS 19 Employee Benefits)
  • Hedging Variability in Cash Flows due to Real Interest Rates (IFRS 9 Financial Instruments)

Other matters

  • Classification of Debt with Covenants as Current or Non-current (IAS 1 Presentation of Financial Statements)
  • Work in Progress

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

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