IFRIC work in progress

The IFRIC coordinator gave a brief update on the progress of IFRIC activities. No additional outstanding projects apart from those discussed were identified except for the IFRS 2 issue on 'classification of conditions'. The staff noted that it was engaged in dialogue with constituents on that issue (vesting and non-vesting conditions) and the result of its analysis will be presented at the January IFRIC meeting.

At the request of one IFRIC member, the staff clarified that several additional requests have been received and are being analysed. If sufficient progress is made in the analysis (including some clarification with the parties that submitted those requests), these might be presented for January IFRIC meeting.

This closed the public session.