IFRS® Discussion Group Meetings

The Group discussed IFRS 18 Presentation and Disclosure in Financial Statements: Recent tentative agenda decisions issued by the IFRS Interpretations Committee; entities with specified main business activities; and disclosures about management-defined performance measures. The Group also discussed financial reporting considerations arising from current global economic and geopolitical developments. Read the meeting report for full details!

The Group discussed Year-end Financial Reporting Reminders, IFRS 18: Classification of income and expenses that arise from liabilities, and more. Read the meeting report for full details!

The AcSB discussed Retractable or Mandatorily Redeemable Shares, met with members of the International Accounting Standards Board and Canadian Securities Administrators, and more. Read our Decision Summary for full details.

The Group discussed Application Issues with the Statement of Cash Flows, IFRS 18: Classification of Foreign Exchange Differences, IFRS 18: Classification of Income and Expenses from “Other Assets,” IFRS 19: Subsidiaries Without Public Accountability: Disclosures, IFRS 9: Amendments to the Derecognition of Financial Liabilities and more. Read the meeting report for full details!

The AcSB discussed Agriculture, Detailed Review of ASPE, Financial Statement Concepts, Part IV Work Plan Survey, IFRS® Accounting Standards Discussion Group topics, and more. Read the Decision Summary for full details.

The Group discussed Financial Reporting Considerations Related to Tariffs, Disclosures about Management-defined Performance Measures under IFRS 18 Presentation and Disclosure in Financial Statements, and more. Read the meeting report for full details!

The Group discussed Accounting for Debt Modifications, Year-end Financial Reporting Reminders, and more. Read the meeting report for full details!

The Group discussed Distinguishing between a Lease Modification and an Extinguishment of a Lease Liability, IFRS 18 Implementation Issues, Derecognition of Financial Liabilities Settled Using Electronic Payment Systems, Disclosure of Revenue and Expenses for Reportable Segments and more. Read the meeting report for full details!

The Group discussed Consideration of OECD Pillar Two GloBE Rules When Accounting for Deferred Tax Assets, Assessment of Cash-generating Units in a Production Facility with Multiple Production Lines When One of the Products Has a Declining Market Demand, and more. Read the meeting report for full details!

The Group discussed Revenue Recognition for Carbon Credits, Classification of Liabilities with Covenants when an Entity is Granted a Waiver or Period of Grace, Year-end Financial Reporting Reminders, and more. Read the meeting report for full details!