IFRS Interpretations Committee Work in Progress

Date recorded:

The Committee senior staff noted that an issue related to the application of IASs 16 and 38 addressing the contingent pricing of property, plant and equipment and intangible assets had been received. The Committee had received a preliminary analysis of the issue and was invited to submit comments (and experiences of the issue) to the staff so that the agenda paper presented to the Committee in January 2011 could be as comprehensive as possible.

This closed the public session of the IFRS Interpretation Committee meeting.

This summary is based on notes taken by observers at the Committee meeting and should not be regarded as an official or final summary.

Commencing from July 2010, we publish IFRIC Review, which examines matters discussed at the IFRS Interpretations Committee meetings. You can access all issues of IFRIC Review Here.

The IFRIC publishes summaries of the deliberations at IFRIC meetings in its newsletter IFRIC Update. Past issues of IFRIC Update are available on IASB's Website.

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