March IFRS Interpretations Committee meeting notes - Part 1
14 Mar 2013
We've posted Deloitte observer notes from some of the sessions from the IFRS Interpretations Committee meeting which was held on 12-13 March 2013.
The topics discussed were as follows (click through to access detailed Deloitte observer notes for each topic):
Tuesday, 12 March 2013
Annual improvements
- IFRS 3 — Accounting for contingent consideration in a business combination
- IAS 7 — Interest paid that is capitalised
- IFRS 3 — Mandatory purchase of non-controlling interest in a business combination obtaining control of listed entity
Work in progress
Issues related to IFRS 2 Share-based payment
- Share-based payment awards settled net of tax withholdings
- Modification of a share-based payment transaction from cash-settled to equity-settled
Wednesday, 13 March 2013
New items for initial consideration
- IAS 28 — Elimination of intercompany profits between an issuer and its joint venture
- IAS 19 — Post vs pre-tax discount rate
- IFRS 7 — Applicability of the amendments to IFRS 7 on offsetting financial assets and financial liabilities to condensed interim financial statements
Administrative session
Notes from the remaining sessions will be made available soon.
Click here to go to the preliminary and unofficial notes taken by Deloitte observers for the entire meeting.
