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IFRIC meeting — 6 November 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 6 November 2008. The IFRIC approved an Interpretation based on D24 Customer Contributions, a potential topic on REACH costs was referred to the staff for more work, tentative agenda items issued in September were finalised, and a proposal for an Interpretation on the effects of rate regulation was tentatively rejected.

Agenda for the meeting

Thursday 6 November 2008 (10:00-17:30)


Active Committee projects

  • D24 Customer Contributions – Redeliberations
  • Compliance Costs for REACH (European Commission Regulation Concerning the Registration, Evaluation, Authorisation and Restriction of Chemicals)
  • Customer-related intangible assets

Review of Tentative Agenda Decisions published in September 2008 IFRIC Update

  • IAS 39 Financial Instruments: Recognition and Measurement — Restricted securities
  • IFRIC 14 IAS 19 —The Limit on a Defined Benefit Asset, Minimum Funding Requirements and their Interaction — Application to prepaid employer's contribution reserve

Staff recommendations for tentative agenda decisions

  • Regulatory assets and liabilities
  • IAS 32 Financial Instruments: Presentation — Classification of puttable and perpetual instruments
  • IAS 28 Investments in Associates — Potential effect of IFRS 3 and IAS 27 (as revised in 2008) on equity method accounting
  • IAS 39 Financial Instruments: Recognition and Measurement — Derecognition
  • IAS 39 Financial Instruments: Recognition and Measurement — Fair value measurement of financial instruments in inactive markets – determining the discount rate

Administrative session

  • IFRIC work in progress


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

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