IFRIC Update – September 13, 2022
Start date:
End date:
Location: London
On September 20, 2022, the IFRS Interpretations Committee released a summary of its September 13, 2022 meeting.
The following items were discussed:
Agenda decisions for the IASB's consideration
- Multi-currency Groups of Insurance Contracts (IFRS 17 Insurance Contracts and IAS 21 The Effects of Changes in Foreign Exchange Rates)
- Special Purpose Acquisition Companies (SPAC): Accounting for Warrants at Acquisition
- Lessor Forgiveness of Lease Payments (IFRS 9 Financial Instruments and IFRS 16 Leases)
Other matters
- Lack of Exchangeability (Amendments to IAS 21)
- Matters Reported to the IASB
- Work in Progress
Review the IFRIC Update and podcast on the International Accounting Standards Board's Web site.