Administrative matters

Date recorded:

Work in progress (Agenda Paper 5)

The following new matters have not yet been presented to the Committee:

  • Rent Concessions: Lessors and Lessees (IFRS 16 and IFRS 9): How a lessor and lessee account for voluntary forgiveness of lease payments by the lessor and how a lessor estimates an impairment allowance for a lease receivable when it expects to forgive future lease payments
  • Special Purpose Acquisition Companies (SPACs): Accounting warrants at acquisition (IAS 32 or IFRS 2): Whether warrants issued by a private operating company to acquire a SPAC are in the scope of IFRS 2 or IAS 32 at and after the acquisition
  • Special Purpose Acquisition Companies (SPACs) (IAS 32): Classification of Public Shares as Liabilities or Equity: Whether a SPAC classifies its public shares (or ‘Class B’ shares) as financial liabilities or equity instruments

There was no discussion on this paper.

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