IFRS® Accounting Standards

IFRS® Interpretations Committee Agenda Decisions

The IFRS Interpretations Committee (Interpretations Committee) is the International Accounting Standards Board’s (IASB) interpretative body working to support the application of IFRS Accounting Standards.

The Interpretations Committee responds to questions about the application of IFRS Accounting Standards and does other work at the request of the IASB.

Agenda Decisions Support Consistent Application of IFRS Accounting Standards

The Interpretations Committee publishes an agenda decision when it decides that a standard-setting project should not be added to the IASB’s work plan.

Agenda decisions cannot add or change requirements in IFRS Accounting Standards. It includes explanatory material on how the applicable principles and requirements in IFRS Accounting Standards apply to the transaction or fact pattern described in the agenda decision.

Agenda Decisions – Available in English and French

The AcSB supports consistent application of IFRS Accounting Standards and recognizes the importance of agenda decisions to Canadians. As a result, we worked with the IASB to ensure that agenda decisions are translated to French. Considering the volume of the agenda decisions and their relevance to entities in Canada, the Board will not translate all agenda decisions published by the Interpretations Committee. Initially, the Board intends to translate only agenda decisions relating to the IFRS Accounting Standards that are in effect on or after January 1, 2022.

Note (October 2022): French translations will be available in a phased approach, beginning with recently published decisions followed by older ones.

Date	Document	Relevant IFRS Accounting Standard
October 26, 2023	Guarantee over a Derivative Contract—IFRS 9	IFRS 9
October 26, 2023	Homes and Home Loans Provided to Employees
October 26, 2023	Premiums Receivable from an Intermediary—IFRS 17 and IFRS 9	IFRS 17 IFRS 9
April 27, 2023	Definition of a Lease—Substitution Rights—IFRS 16	IFRS 16
October 24, 2022	Lessor Forgiveness of Lease Payments—IFRS 9 and IFRS 16	IFRS 9 IFRS 16
October 24, 2022	Multi-currency Groups of Insurance Contracts—IFRS 17 and IAS 21	IFRS 17 IAS 21
October 24, 2022	Special Purpose Acquisition Companies (SPAC): Accounting for Warrants at Acquisition	IFRS 2 IAS 32
July 21, 2022	Negative Low Emissions Vehicle Credits—IAS 37	IAS 37
July 21, 2022	Special Purpose Acquisition Companies (SPAC): Classification of Public Shares as Financial Liabilities or Equity—IAS 32	IAS 32
July 21, 2022	Transfer of Insurance Coverage under a Group of Annuity Contracts—IFRS 17	IFRS 17
May 30, 2022	Principal versus Agent: Software Reseller—IFRS 15	IFRS 15
April 28, 2022	Demand Deposits with Restrictions on User arising from a Contract with a Third Party—IAS 7	IAS 7
March 28, 2022	TLTRO III Transactions—IFRS 9 and IAS 20	IFRS 9 IAS 20
December 17, 2021	Economic Benefits from Use of a Windfarm—IFRS 16	IFRS 16
October 29, 2021	Accounting for Warrants that are Classified as Financial Liabilities on Initial Recognition—IAS 32	IAS 32
October 29, 2021	Non-refundable Value Added Tax on Lease Payments—IFRS 16	IFRS 16
June 25, 2021	Costs Necessary to Sell Inventories—IAS 2	IAS 2
June 25, 2021	Preparation of Financial Statements when an Entity is No Longer a Going Concern—IAS 10	IAS 10
May 24, 2021	Attributing Benefit to Periods of Service—IAS 19	IAS 19
May 24, 2021	Hedging Variability in Cash Flows due to Real Interest Rate—IFRS 9	IFRS 9
April 27, 2021	Configuration or Customization Costs in a Cloud Computing Arrangement—IAS 38	IAS 38
December 14, 2020	Supply Chain Financing Arrangements—Reverse Factoring	IAS 1 IAS 7 IAS 37 IFRS 7 IFRS 9
November 26, 2019	Lease Term and Useful Life of Leasehold Improvements–IFRS 16 and IAS 6	IFRS 16 IAS 16
September 25, 2019	Lessee's Incremental Borrowing Rate–IFRS 16	IFRS 16
September 25, 2019	Compensation for Delays or Cancellations–IFRS 15	IFRS 15
September 25, 2019	Fair Value Hedge of Foreign Currency Risk on Non-Financial Assets–IFRS 9	IFRS 9
September 25, 2019	Subsequent Expenditure on Biological Assets–IAS 41	IAS 41
September 25, 2019	Disclosure of Changes in Liabilities Arising from Financing Activities–IAS 7	IAS 7
September 25, 2019	Presentation of Liabilities or Assets Related to Uncertain Tax Treatments–IAS 1	IAS 1
June 21, 2019	Subsurface rights–IFRS 16	IFRS 16
June 21, 2019	Costs to fulfil a contract–IFRS 15	IFRS 15
June 21, 2019	Effect of a potential discount on plan classification–IAS 19	IAS 19
June 21, 2019	Holdings of cryptocurrencies	IAS 2 IAS 38
March 15, 2019	Physical settlement of contracts to buy or sell a non-financial item–IFRS 9	IFRS 9
March 15, 2019	Over time transfer of constructed good–IAS 23	IAS 23
March 15, 2019	Application of the highly probable requirement when a specific derivative is designated as a hedging instrument	IFRS 9 IAS 39
March 15, 2019	Curing of a credit-impaired financial asset–IFRS 9	IFRS 9
March 15, 2019	Credit enhancement in the measurement of expected credit losses–IFRS 9	IFRS 9
March 15, 2019	Customer’s right to receive access to the supplier’s software hosted on the cloud–IAS 38	IAS 38
March 15, 2019	Liabilities in relation to a joint operator’s interest in a joint operation–IFRS 11	IFRS 11
March 15, 2019	Sale of output by a joint operator–IFRS 11	IFRS 11
January 22, 2019	Investments in a subsidiary accounted for at cost: Step acquisition–IAS 27	IAS 27
January 22, 2019	Investments in a subsidiary accounted for at cost: Partial disposal–IAS 27	IAS 27
January 22, 2019	Assessment of promised goods or services–IFRS 15	IFRS 15
January 22, 2019	Deposits relating to taxes other than income tax–IAS 37	IAS 37
September 24, 2018	Classification of a particular type of dual currency bond–IFRS 9	IFRS 9
September 24, 2018	Expenditures on a qualifying asset–IAS 23	IAS 23
September 24, 2018	Borrowing costs on land–IAS 21	IAS 21
September 24, 2018	Determination of the exchange rate when there is a long-term lack of exchangeability–IAS 21	IAS 21
June 12, 2018	Classification of short-term loans and credit facilities–IAS 7	IAS 7
March 30, 2018	Right to payment for performance completed to date–IFRS 15	IFRS 15
March 18, 2018	Revenue recognition in a real estate contract–IFRS 15	IFRS 15
March 18, 2018	Revenue recognition in a real estate contract that includes the transfer of land–IFRS 15	IFRS 15
March 13, 2018	Presentation of interest revenue for particular financial instruments–IFRS 9 and IAS 1	IFRS 9 IAS 1
January 19, 2018	Contributing property, plant and equipment to an associate–IAS 28	IAS 28
November 30, 2017	Acquisition of a group of assets—IFRS 3	IFRS 3
September 25, 2017	Goods acquired for promotional activities—IAS 38	IAS 38
September 25, 2017	Interest and penalties related to income taxes—IAS 12 and IAS 37	IAS 12 IAS 37
September 25, 2017	Financial assets eligible for the election to present changes in fair value in other comprehensive income—IFRS 9	IFRS 9
September 25, 2017	Subsidiary as a first-time adopter—IFRS 1	IFRS 1
June 27, 2017	Discount rate in a country that has adopted another country's currency—IAS 19	IAS 19
June 21, 2017	Biological assets growing on bearer plants—IAS 41	IAS 41
June 14, 2017	Centrally cleared client derivatives—IFRS 9	IFRS 9
June 2, 2017	Tax arising from payments on participating equity instruments—IAS 33	IAS 33
June 1, 2017	Tax arising from payments on participating equity instruments [Illustrative example] —IAS 33	IAS 33
March 1, 2017	Investment entities and subsidiaries—IFRS 10	IFRS 10
March 1, 2017	Fund manager's assessment of significant influence—IAS 28	IAS 28
March 1, 2017	Deferred taxes when acquiring a single asset entity that is not a business—IAS 12	IAS 12
March 1, 2017	Commodity loans	IAS 1 IAS 8
July 1, 2014	Disclosure requirements relating to assessment of going concern (IAS 1)	IAS 1
July 1, 2010	Going concern disclosure (IAS 1)	IAS 1