Monday 22 April 2024 (11:30-15:30)

• Second comprehensive review of the IFRS for SMEs Standard
  • Proposed revised Section 23 Revenue from Contracts with Customers - Disclosure requirements
  • Proposed new Section 12 Fair Value Measurement - use of plainer language
  • Intragroup issued financial guarantee contracts
• Climate-related and other uncertainties in the financial statements
  • Project direction
  • Due process and permission to begin the balloting process
  • Development of examples
  • Staff draft examples

Tuesday 23 April 2024 (10:00-15:00)

• Intangible assets
  • Summary of national standard-setter research
  • Academic literature review
  • Project commencement
• Rate-regulated activities
  • Discounting of future cash flows — minimum interest rate
  • Scope — interaction with IFRS 17
  • Amendments to IFRS 3 and IFRS 5

Wednesday 24 April 2024 (09:45-15:00)

• Post-implementation review of IFRS 9 — Impairment
  • Loan commitments and financial guarantee contracts
  • Purchased or originated credit-impaired financial assets
  • Interaction of impairment requirements with other requirements
• Post-implementation review of IFRS 15 — Revenue from contracts with customers
  • Applying IFRS 15 with:
    • IFRS 9
    • IFRS 3
    • IFRS 10 and IFRS 11
    • IFRS 16
    • Other IFRS Accounting Standards
  • Determining the transaction price — consideration payable to a customer and significant financing component

Thursday 25 April 2024 (09:15-14:45)

• Provisions — Targeted improvements
  • Present obligation recognition criterion
  • Threshold-triggered costs
  • Discount rates - application guidance and disclosure requirements
  • Indicative drafting - IAS 37 and decision tree
• Maintenance and consistent application
  • Climate-related commitments
  • Payments contingent on continued employment during handover periods (IFRS 3)
  • IFRIC Update March 2024
• Disclosure initiative — Subsidiaries without public accountability: disclosures
  • Effective date and transition
  • Due process
• Board work plan update 
  • Proposed IASB prioritisation framework