Notes from May IFRS Interpretations Committee meeting
06 May, 2011
The IFRS Interpretations Committee met in London on 5-6 May 2011. We have posted Deloitte observer notes from the topics discussed at the meeting, as follows (click through for direct access to the notes for that particular topic):
Thursday 5 May 2011
- Administrative matters
- IAS 16 Property, Plant and Equipment – Accounting for production phase stripping costs in the mining industry
- IAS 16 Property, Plant and Equipment and IAS 38 Intangible Assets — Contingent pricing of property, plant and equipment and intangible assets
- Items for continuing consideration
- New items for initial consideration
- IFRS 8 Operating Segments — Reconciliation of segment assets in IFRS 8
- IAS 7 Statement of Cash Flows — Classification of interest paid that is capitalised
- IFRS 2 Share-based Payment — Modifications that affect classification of the award
- IAS 16 Property, Plant and Equipment — Revaluation method — proportionate restatement
- IAS 16 Property, Plant and Equipment — Cost of testing asset — element of cost
Friday 6 May 2011
- New items for initial consideration (continued)
- IAS 19 Employee Benefits — Defined contribution plans with vesting conditions
- IAS 27 Consolidated and Separate Financial Statements — Contributions to a jointly-controlled entity or associate
- IAS 37 Provisions, Contingent Liabilities and Contingent Assets and IFRIC 6 Liabilities arising from Participating in a Specific Market — Waste Electrical and Electronic Equipment: Recognition of a Liability
- IAS 28 Investment in Associates: Equity Method
- Administrative session — Committee work in progress
Click here to go to the preliminary and unofficial Notes Taken by Deloitte Observers for the entire meeting.
