This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice (http://www2.deloitte.com/ca/en/legal/cookies.html) for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

IFRIC Update – February 2, 2021

Start date:

End date:

Location: London

On February 12, 2021, the IFRS Interpretations Committee released a summary of its February 2, 2021 meeting.

The following items were discussed:

Items on the current agenda

  • Sale and Leaseback of an Asset in a Single-Asset Entity (IFRS 10 Consolidated Financial Statements and IFRS 16 Leases)

Committee's tentative agenda decisions

  • Costs Necessary to Sell Inventories (IAS 2 Inventories)
  • Preparation of Financial Statements when an Entity is No Longer a Going Concern (IAS 10 Events after the Reporting Period)—Agenda Paper 4

Other matters

  • Work in Progress

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

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.