Special edition of IAS Plus on IFRIC 6
29 Sep 2005
Deloitte's Global IFRS Leadership Team has prepared a (PDF 51k) detailing the requirements of IFRIC 6 Liabilities Arising from Participating in a Specific Market - Waste Electrical and Electronic Equipment.
IFRIC 6 considers the appropriate trigger for recognition of an obligation to contribute to the costs of disposing of waste equipment based on the entity's share of the market in a measurement period. The Interpretation is effective for annual periods beginning on or after 1 December 2005. You will find past issues of all IAS Plus Newsletters Here.