This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Administrative session

Date recorded:

Work in progress (Agenda Paper 7)

The following new matters have not yet been presented to the Committee:

Principal versus agent-IT resellers (IFRS 15): Whether an IT reseller acts as a principal or agent for the sale of software licences to customers.

Deficits in low/new energy vehicle credits (IAS 37): Whether a deficit in low and new energy credits gives rise to a liability for the producer/importer of passenger vehicles.

Rent Concessions-lessors and lessees (IFRS 16 and IFRS 9): (a) How a lessor and lessee account for voluntary forgiveness of lease payments by the lessor; and (b) how a lessor estimates an impairment allowance for a lease receivable when it expects to forgive future lease payments.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.