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.