Notes from the July 2007 IFRIC meeting
13 Jul 2007
The International Financial Reporting Interpretations Committee (IFRIC) met at the IASB's offices in London on Thursday 12 July 2007. We have posted preliminary and unofficial notes taken by Deloitte observers at the meeting.
Click through for direct access to the notes:
Active Committee projects
- IAS 18 – Customer contributions
- IAS 18 – Guidance on identifying agency arrangements
- IAS 27 – De-mergers and other non-cash distributions
- IFRS 2 – Group cash-settled share-based payment transactions
Staff recommendations for tentative agenda decisions
Review of tentative agenda decisions published in May 2007 IFRIC Update
- IAS 12 – Deferred tax arising from unremitted overseas earnings
- IAS 39 – Gaming transactions
- IAS 39 – Hedging future cash flows with purchased options
- IAS 39 – Hedging multiple risks with a single derivative hedging instrument
- IAS 39 – Scope of IAS 39 paragraph 11A
- IAS 39 – AG 33(d)(iii) of IAS 39
- IFRS 5 – Plan to sell the controlling interest in a subsidiary
The IFRIC completed its work on 12 July and will not meet on 13 July.