This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Agenda for 1-2 November 2007 IFRIC meeting

  • IFRIC (International Financial Reporting Interpretations Committee) (blue) Image

21 Oct 2007

The International Financial Reporting Interpretations Committee (IFRIC) will meet at the IASB's offices in London on Thursday and Friday 1-2 November 2007. The meeting is open to the public and will be webcast.

The tentative agenda is shown below.

ifricagenda.gif

1-2 November 2007, London Thursday 1 November 2007

  • Introduction
  • IAS 27 – Accounting for Distributions of Non-cash Assets to Owners
  • IAS 39 Financial Instruments: Recognition and Measurement – Two potential IFRIC agenda projects
    • Scope of IAS 39 paragraph 11A
    • Application of paragraph AG 33(d)(iii) of IAS 39
  • IAS 18 Revenue – Customer contributions The IFRIC will also consider a draft Interpretation prepared by the staff based on its discussions to date.
  • Review of Tentative Agenda Decisions published in September IFRIC Update
    • IAS 19 Employee Benefits Treatment of employee contributions
    • IAS 19 Employee Benefits Changes to a plan caused by government
    • IAS 19 Employee Benefits Death in service benefits
    The tentative agenda decisions and the comment letters received are available on the IASB Website.

 

Friday 2 November 2007

  • Staff Recommendations for Tentative Agenda Decisions
    • IAS 19 Employee Benefits Pension – Promises based on performance hurdles How to measure a defined benefit obligation that is based, in part, on the employee or company meeting a performance hurdle
    • IAS 37 Provisions, Contingent Liabilities and Contingent Assets – Deposits on returnable containers
    • IAS 23 Borrowing Costs – Foreign exchange differences associated with capitalisable borrowing costs a. To what extent should foreign exchange differences be regarded as an adjustment to interest costs? b. When an entity hedges its exposure to foreign exchange movements, to what extent should costs associated with the hedging instrument be considered to be part of the borrowing costs that may be capitalised?
    • IAS 19 Employee Benefits – Definition of plan assets How should insurance and investment policies issued to a pension plan by an entity that employs the staff included in the plan (or by a subsidiary that is consolidated in the same group as that entity) be considered in determining plan assets.
    • IAS 39 Financial Instruments: Recognition and Measurement – Scope of IAS 39 paragraph 2(g) Paragraph 2(g) exempts from the scope of IAS 39 'contracts between the acquirer and a vendor in a business combination to buy or sell an acquiree at a future date'. The project would consider several questions in applying this paragraph.
  • Administrative Session

 

 

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.