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.

IAS 37 — Changes in decommissioning, restoration, and similar liabilities


The IFRIC considered the accounting treatment of certain changes in decommissioning provisions. It considered the accounting treatment for the effect of changes in:

  • the discount rate as defined in paragraph 47 of IAS 37 Provisions, Contingent Liabilities and Contingent Assets and
  • estimated cash flows.

In particular, whether the effect of these changes should be capitalised or recognised in profit or loss.


Current status of the project

This project has been completed. IFRIC 1 Changes in Existing Decommissioning, Restoration and Similar Liabilities was issued on 27 May 2004.


Project milestones

4 September 2003 Draft Interpretation D2 Changes in Decommissioning, Restoration and Similar Liabilities published Comments deadline 3 November 2003
27 May 2004 IFRIC 1 Changes in Existing Decommissioning, Restoration and Similar Liabilities issued Effective for annual periods beginning on or after 1 September 2004

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.