May 2016 IFRS Interpretations Committee meeting notes posted
11 May, 2016
The IFRS Interpretations Committee met in London on 10 May 2016. We've posted Deloitte observer notes for the technical issues discussed during this meeting.
Please click through for the notes relating to the following issues:
- Items for continuing consideration:
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Deliberations of comments received:
- Agenda decisions to finalise:
- New issues:
It is worth noting that on the contentious issue around the derecognition of modified financial assets the Interpretations Committee approved issuing an agenda decision but also agreed that the staff would inform the Board about the concerns raised during the discussion.The Interpretations Committee members noted that the issue should be given more priority from the Board as the issue was considered to be of high importance.