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IFRS Discussion Group – Report on December 2, 2013 Meeting

  • IFRS - AcSB Image
  • IFRS - Meeting Image

Feb 06, 2014

On February 6, the Accounting Standards Board released an executive summary of discussions and decisions with respect to the topics addressed at this meeting.

The following topics were addressed at this meeting:

  1. Accounting for the Effect of Rising Interest Rates;
  2. Adoption of IFRSs by Investment Funds;
  3. IFRS 5: Changes to a Plan of Sale;
  4. IFRS 6 and IAS 36: Impairment Testing of Exploration and Evaluation Assets;
  5. IFRS 9: Early Adoption of IFRSs with Prospective Application; and
  6. IFRIC 21 Levies

Update on Previous Items Discussed by the Group:

  1. IFRS 13: Business Combinations with Consideration Including Shares Subject to Restrictions; and
  2. IFRS 11: Application Issues.

Review the executive summary.

Correction list for hyphenation

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