IFRS® Discussion Group Meetings

The Board discussed its Annual Plan, Performance Report, Post Implementation Review (IFRS 10, 11 and 12), and more. Read the Decision Summary for full details, including how stakeholders can provide feedback on these initiatives.

The Group discussed topics such as the impact that COVID-19 may have on an entity’s income statement presentation and application issues associated with the amendments on IAS 1 to classify a term loan as current or non-current. Read the full Meeting Report for helpful tips on these and other topics.

The Board discussed Combinations and Employee Future Benefits. Read the Decision Summary for full details.

Just in time for Q2 Interim Reporting! Check out this meeting report summarizing the Group’s discussion on issues such as the accounting for COVID-19 related rent concessions, financial reporting considerations of COVID-19, classification of liabilities as current or non-current, and accounting for leases in a business combination.  

Need help with COVID-19 related financial reporting issues? Check out this meeting report summarizing the Group’s discussion on issues such as the accounting for COVID-19 related rent concessions and financial reporting considerations of COVID-19.  Check back this June for the complete summary of everything discussed at the May 27, 2020 meeting. 

The Group discussed topics such as lease term and useful life of leasehold improvements, application of definition of lease to a surface right, and impacts of climate change on financial reporting. Read about the views expressed by Group members for helpful tips on these and other topics.

The Group discussed topics such as accounting for sale-lease back transactions with variable payments, and application issues from an asset acquisition. Read about the views expressed by Group members for helpful tips on these and other topics.   

The Group discussed topics such as timing of applying agenda decisions and determining lease payments under IFRS 16. Read about the views expressed by Group members for helpful tips and to stay up to date on past issues such as accounting for cryptocurrencies.  

The Group discussed topics such as 2019 interim disclosure considerations related to IFRS 16, credit enhancements and related party loans. Read about the views expressed by Group members for helpful tips and stay up-to-date on past issues such as accounting for asset retirement obligations.

The effective date of IFRS 16 is just around the corner. Read the Group’s discussions on various leases implementation topics. Also, keep up-to-date on other topics such as joint arrangements, share-based payments and cryptocurrencies. Learn more about the views expressed on these topics for helpful tips.