Related Discussions

• Implementation matters

• 22 Oct 2019

• In this session, the Board discussed implementation issues with property, plant and equipment, onerous contracts, and sale of a single asset entity containing real estate.

• Property, plant and equipment

• 19 Jun 2019

• The Board discussed the staff's recommendations related to the proposed amendments to IAS 16.

• Implementation

• 14 Nov 2018

• In this session, the Board discussed property, plant and equipment: proceeds before intended use, a potential new research project on cyptocurrencies, and onerous contracts: costs of fulfilling a contract.

• IFRS implementation issues

• 14 Dec 2017

• The purpose of this session was to discuss the following: (1) IAS 37 — Costs considered in assessing whether a contract is onerous, (2) IAS 8 — Accounting policy changes – sweep issue, (3) IFRS 1 — Subsidiary as a first-time adopter, and (4) IAS 16 — Proceeds before intended use.

• IFRS implementation issues

• 15 Nov 2016

• The purpose of this session was to discuss (1) IFRS 9 Financial Instruments and IAS 28 Investments in Associates and Joint Ventures—Long-term interests — Due process steps: Agenda paper 12A and (2) Property, Plant and Equipment: Proceeds before Intended Use — Due process steps: Agenda paper 12B

• IFRS Implementation issues

• 19 Oct 2016

• The purpose of this session was to discuss (1) foreign currency transactions and advance consideration — ratification of the IFRIC Interpretation; (2) IFRS 9 and IAS 28 — long-term interests; and (3) proceeds and costs of testing PPE.

• IAS 16 Property, Plant and Equipment — Accounting for proceeds and costs of testing PPE: Should net proceeds reduce the cost of PPE? — Agenda paper 5

• 06 Sep 2016

• The purpose of this session was to discuss the staff analysis for whether additional disclosure requirements would be necessary and transition requirements. Appendix B of the agenda paper includes the draft wording of the proposed amendments to IAS 16, 'Property, Plant and Equipment'.

• IAS 16 — Accounting for proceeds and costs of testing of PPE

• 22 Mar 2016

• The purpose of this meeting was to discuss the analysis prepared by the staff and discuss the next steps.

• IAS 16 — Property, plant and equipment

• 08 Sep 2015

• The Committee discussed various topics related to IAS 16.

• IAS 16 — Accounting for proceeds and costs of testing of PPE: should net proceeds reduce the cost of asset

• 12 May 2015

• The Committee discussed a request to clarify the accounting for the net proceeds from selling any items produced while testing an item of property, plant and equipment (PPE) under construction.

• IAS 16 — Accounting for proceeds and cost of testing PPE

• 27 Jan 2015

• The Committee discussed the accounting for the net proceeds from selling any item produced while bringing an item of property, plant and equipment to the location and condition necessary for it to be capable of operating in the manner intended by management.

• IAS 16 – Accounting for net proceeds and costs of testing on PPE

• 11 Nov 2014

• The Committee discussed a tentative agenda decision to be finalised regarding IAS 16 'Property, Plant and Equipment'.

• IAS 16 — Accounting for net proceeds and costs of testing on property, plant and equipment

• 16 Jul 2014

• The IFRS Interpretations Committee considered a a request for clarification on the accounting for net proceeds received during the course of testing an item of property, plant and equipment (PPE), in the case that the net proceeds exceed the costs of testing.