Related Discussions

• Classification of liabilities as current or non-current

• 24 Sep 2019

• The staff asked the Board whether they are satisfied that all due process steps have been taken and whether the staff can begin the balloting process. The staff also asked whether any of the Board members plan to dissent from issuing the amendments.

• Classification of liabilities as current or non-current

• 22 Jul 2019

• The Board discussed liabilities with equity-settlement features as well as transition and early application.

• Classification of liabilities as current or non-current

• 12 Mar 2019

• The staff recommend refinements to the Exposure Draft proposals to clarify both the existing IAS 1 requirements and the proposed amendments.

• Classification of liabilities as current or non-current (Amendments to IAS 1)

• 15 Nov 2018

• In this session, the Board discussed whether to revise any proposals in the ED in light of the concerns raised about the implication of the proposals for particular facts and circumstances.

• Classification of liabilities as current or non-current (amendments to IAS 1)

• 20 Sep 2018

• The staff asked whether the Board had any questions about the resumed project or comments on the staff plans for further work. No decisions were made.

• IFRS implementation issues

• 17 Feb 2016

• The Board will discuss issues from the most recent IFRS Interpretations Committee meeting.

• IFRS implementation issues

• 15 Dec 2015

• The Board discussed (1) narrow-scope amendments to IFRS 2, (2) current/non-current classification of liabilities related to the guidance in IAS 1, and (3) the measurement of long-term interests related to the guidance in IFRS 9 and IAS 28.

• Amendments to IAS 1 – Classification of financial liabilities

• 21 Mar 2014

• At its October 2013 meeting, the Board had agreed with a number of proposed amendments to IAS 1 relating to the classification of a liability as current or as non-current. At this meeting the IASB was presented a paper containing further proposals arising from analysis performed by the staff subsequent to the October discussion. The Board was asked (a) to affirm the tentative decisions made in October 2013, and (b) whether they agreed with the staff’s further proposals.

• IAS 1 — Current/non-current classification of liabilities

• 01 Nov 2013

• The IASB considered the development of a general approach to the classification of liabilities that is based on an assessment of the arrangement(s) in existence at the reporting date.

• Annual improvements 2010-2012 (IASB only)

• 21 Mar 2013

• The Board discussed two of the eleven proposed amendments included in the May 2012 exposure draft ED/2012/1 'Annual Improvements to IFRSs 2010-2012 Cycle', on the basis of constituent feedback to the proposals and the recommendations of the IFRS Interpretations Committee

• IAS 1 — Current/non–current classification of liabilities

• 23 Jan 2013

• The IFRS Interpretations Committee considered comment letters received on the proposals included in the 2010-2012 cycle of annual improvements to clarify that a liability is classified as non-current if an entity expects, and has discretion, to refinance or roll over an obligation for at least 12 months after the reporting period under an existing loan facility with the same lender, on the same or similar terms. The Committee tentatively agreed to recommend the IASB make the amendments, but also agreed that the Staff should undertake a more comprehensive review of classification.

• Annual Improvements to IFRSs – 2010-2012

• 22 Sep 2011

• The IASB considered annual improvements to IAS 16 (revaluation model and proportionate restatement), IAS 24 (key management personnel), IFRS 2 (vesting and non-vesting conditions), IFRS 8 (reconciliation of segment assets), IAS 7 (capitalised interest), IAS 36 (disclosure of recoverable amount), IAS 1 (current/non-current classification of debt), and IAS 12 (unrealised losses on AFS debt securities). The Board also considered a number of other issues where an annual improvement was rejected (IFRS 2, IAS 27 and IAS 28).