IFRS Interpretations Committee holds January 2018 meeting
17 Jan, 2018
The IFRS Interpretations Committee met via video conference call on Tuesday 16 January 2018. We have posted Deloitte observer notes for the technical issues discussed during this meeting.
The Committee finalised a tentative decision not to add to its agenda a project to interpret how an entity accounts for a transaction in which it contributes property, plant and equipment to a newly-formed associate in exchange for shares in that associate.
The work in progress was discussed and it was noted that the IASB plans to undertake a post-implementation review of IFRS 5 Non-current Assets Held for Sale and Discontinued Operations.
Please click to access the detailed notes taken by Deloitte observers for the entire meeting.
