Work in progress
Date recorded:
There are two matters that have not yet been presented to the Committee:
- Accounting for warrants that are initially classified as liabilities: Whether a warrant that is initially classified as a financial liability could subsequently be re-classified as an equity instrument when applying IAS 32.
- Non-refundable value-added tax on lease payments: Whether a lessee includes in lease payments any non-refundable portion of value-added tax charged on payments made to the lessors.
There was no discussion on this topic.