IFRS Interpretations Committee meeting — 12–13 November 2013

Start date:

End date:

Location: London

IFRS IC meeting (blue)

The IFRS Interpretations Committee held its meeting at the IASB's offices in London on 12-13 November 2013. The Committee continued its discussion on various topics, considered finalising three tentative agenda decisions and considered a number of new topics. The agenda for the meeting is set out below.

Agenda for the meeting

TUESDAY, 12 NOVEMBER 2013 (10:00-18:00)


Items for continuing consideration

  • IAS 19 – Employee benefit plans with a guaranteed return on contributions or notional contributions
  • IFRS 2 – Accounting for cash-settled share-based payment transactions that include a performance condition

Tentative agenda decisions to finalise

  • IAS 19 – Determination of discount rate
  • IFRS 10 – Puttable instruments that are non-controlling interests
  • IFRS 10 / IFRS 11 – Transitional provisions: Impairment, foreign exchange and borrowing costs

New Issues

  • IAS 39 – Accounting for repo transaction
  • IFRIC 21 – Levies that are subject to a pro-rata threshold as well as an annual threshold
  • IAS 8 – Distinction between a change in accounting policy and a change in accounting estimate
  • IFRS 11
    • Summary of outreach on implementation issues
    • Accounting for interests in joint operations structured through
      separate vehicles
  • IAS 17 – Meaning of incremental costs

WEDNESDAY, 13 NOVEMBER 2013 (09:00-11:30)

New Issues

  • IFRS 10
    • Investment entity subsidiary that provides investment-related services
    • The definition of investment-related services or activities
    • The exemption from preparing consolidated financial statements requirements in IFRS 10
  • IAS 12 – Recognition and measurement of deferred tax when an entity is loss making

Items for continuing consideration

  • IFRS 2 – Price difference between the institutional offer price and the retail offer price for shares in an initial public offering

Administrative session

  • Interpretations Committee work in progress


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

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