IFRS Interpretations Committee holds November 2023 meeting
Dec 05, 2023
On December 5, 2023, the IFRS Interpretations Committee (IFRS IC) discussed two new items, the finalization of one agenda decision and gave input into three International Accounting Standards Board (IASB)’s projects, after the meeting in London on November 28-29, 2023.
- New item: IAS 37 Provisions, Contingent Liabilities and Contingent Assets — Climate-related Commitment
- New item: IFRS 8 Operating Segments — Disclosure of Revenues and Expenses for Reportable Segments
- Finalization of agenda decision: IAS 27 Separate Financial Statements — Merger between a Parent and Its Subsidiary in the Separate Financial Statements
- Input to IASB project: Climate-related and Other Uncertainties in the Financial Statements
- Input to IASB project: Provisions —Targeted Improvements
- Input to IASB project: Power Purchase Agreements
Review the meeting highlights on the IFRS website.
