IFRS Interpretations Committee holds September 2017 meeting
13 Sep 2017
The IFRS Interpretations Committee met in London on Tuesday 12 September 2017. We have posted Deloitte observer notes for the technical issues discussed during this meeting.
Please click through for the notes relating to the following issues:
New issues:
- IFRS 15 — Pattern of revenue recognition in a real estate contract
- IAS 41 — Taxation in fair value measurements
- IAS 28 — Contributing property, plant and equipment to an associate
Agenda decisions to finalise:
- IFRS 9 — Financial assets eligible for the election to present changes in fair value in other comprehensive income
- IAS 12 — Interest and penalties
- IFRS 1 — Subsidiary as a first-time adopter
- IAS 37 — Costs considered in assessing whether a contract is onerous
- IAS 38 — Goods acquired for promotional activities
- IAS 28 — Acquisition of an associate or joint venture from an entity under common control
Administrative session:
The preliminary and unofficial notes taken by Deloitte observers for the entire meeting are also available.