The topics the IFRS Discussion Group considered, in addition to routine updates, are outlined below.
Accounting for Lending Crypto Assets
- Raise awareness of the factors an entity might consider when determining the accounting for the lending of crypto assets.
Accounting for Earn-in Expenditures Prior to Acquisition of a Mining Interest
- Discuss how an entity accounts for earn-in expenditures prior to the acquisition of a mining interest, including classification and measurement of earn-in expenditures and disclosure requirements.
Accounting for the Development of Carbon Credits that will Ultimately be Sold
- Discuss how an entity recognizes, measures, and classifies carbon credits that it develops from its already-existing assets carried at fair value.
Please note: Viewing this meeting recording and successful completion of a quiz may count towards your CPD requirements. Upon completion of the quiz, you will be emailed a certificate for your records.
We are committed to providing accessible resources. If you require a transcript of our video recording, please contact Jamie Goodman at [email protected], and we will be happy to accommodate your request.