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Other matters

Date recorded:

Where to address contingent consideration

The Board was asked to consider bringing the requirements for contingent consideration that is a financial instrument together in one Standard. The Board voted in favour of the recommendation and asked the IFRIC to explore the matter further and provide feedback at a future meeting.

Partial use of fair value for measurement of interest in joint ventures

In the light of the Board's agreement to amend IAS 28 to allow the use of different measurement basis when accounting for associates, the Board was asked to consider whether equivalent guidance should be included in the IFRS replacing IAS 31.

The Board did not agree with the staff's recommendation, and no resulting changes will be made in the forthcoming IFRS on joint ventures.

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.