Discount rates

Background

This project resulted from constituent feedback in the Agenda consultation 2011.  Constituents commented that the reasons for differences in discount rate requirements under various International Financial Reporting Standards (IFRS) is not well understood and could be considered inconsistent.

The project is expected to:

  • examine differences in the discount rate requirements in IFRS
  • explain why those differences exist
  • assess whether there are inconsistencies that should be addressed by the IASB.

Standards that include requirements in relation to discount rates include:

  • IAS 19 Employee Benefits
  • IAS 36 Impairment of Assets
  • IAS 37 Provisions, Contingent Liabilities and Contingent Assets
  • IFRS 13 Fair Value Measurement

 

Current status of the project

This project has been concluded. The IASB published Discount rates in IFRS Standards project summary on 28 February 2019 and will not conduct any further work regarding this project.

 

Project milestones

Date Development Comments
December 2012 Added to the IASB work programme as a research project
28 February 2019 Discount rates in IFRS Standards project summary published The IASB will not conduct any further work regarding this project.

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