Start date: Mar 14, 2023

End date: Mar 15, 2023

Location: London

On March 22, 2023, the IFRS In­ter­pre­ta­tions Com­mit­tee re­leased a sum­mary of this meet­ing.

The fol­low­ing items were dis­cussed:

Com­mit­tee's ten­ta­tive agenda de­ci­sions

• Guarantee over a Derivative Contract (IFRS 9, Financial Instruments)
• Premiums Receivable from an Intermediary (IFRS 17, Insurance Contracts, and IFRS 9, Financial Instruments)
• Homes and Home Loans Provided to Employees

Agenda decisions for the IASB's consideration

• Definition of a Lease—Substitution Rights (IFRS 16, Leases)

Mat­ters rec­om­mended for the IASB’s an­nual im­prove­ments

• Lessee accounting for lease payments forgiven (IFRS 9, Financial Instruments, and IFRS 16, Leases)
• Disclosure of deferred difference between fair value and transaction price—Guidance on implementing IFRS 7, Financial Instruments: Disclosures

Other mat­ters

• Business Combinations—Disclosures, Goodwill and Impairment
• Work in Progress

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