IFRIC meeting — 4-5 September 2008

Start date:

End date:

Location: London

About meeting notes

IFRIC (International Financial Reporting Interpretations Committee) (blue) The International Financial Reporting Interpretations Committee (IFRIC) met at the IASB's offices in London on Thursday 4 September and Friday 5 September 2008. Among other things, the IFRIC decided to approve a final Interpretation on distributions of non-cash assets to owners, and add to its agenda a project on customer-related intangible assets.

Agenda for the meeting

Thursday 4 September 2008 (10:00-17:30)

Introduction

Active Committee projects

  • IFRIC D23 Distributions of Non-cash Assets to Owners
  • IFRIC D24 Customer Contributions

Review of tentative agenda decisions published in July IFRIC Update

  • IAS 17 — Time pattern of the user's benefit
  • IAS 18/IAS 32 — Accounting for trailing commissions
  • IAS 32 — Transaction costs to be deducted from equity

Friday 5 September 2008 (9:00-12:00)

Staff recommendations for tentative agenda decisions

  • IFRS 3/IAS 38 — Customer-related intangible assets
  • IAS 39 — Restricted securities
  • IAS 19/IFRIC 14 – Stable workforce assumption

Active Committee projects

  • Regulatory assets and liabilities

Administrative session

  • IFRIC work in progress

Agenda papers from this meeting are available on the IASB's website.

The Chairman opened the IFRIC meeting by introducing a new IFRIC member, Joanna Perry from New Zealand.

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.