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Sunday 20 April 2014

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Previous Interpretations Committee podcasts


 

2011 Interpretations Committee podcasts


 

Date Topics covered Link
7 November 2011     Michael Stewart and Gary Berchowitz give an overview of the issues discussed in the November 2011 IFRS Interpretations Committee meeting, including IAS 37 Provisions, Contingent Liabilities and Contingent Assets – Determining when to recognise a liability for levies, IAS 19 Employee Benefits – applying the definition of termination benefits, IAS 38 Intangible Assets and IFRIC 12 Service Concession Arrangements – Selection of amortisation method, IFRIC 15 Agreements for the Construction of Real Estate – clarification of the meaning of continuous transfer, IFRIC 12 – Payments made by the operator in a service concession arrangement
 9 September 2011 Wayne Upton and Michael Stewart give an overview of the issues discussed during the September 2011 IFRS Interpretations Committee meeting, including IAS 37 Provisions, Contingent Liabilities and Contingent Assets - Determining when to recognise a liability for levies, IAS 12 Income Tax - applying the rebuttable presumption to determine the manner of recovery of investment property, IFRS 10 Consolidated Financial Statements - transitional requirements, meaning of 'the date of initial application', IFRS 3 Business Combinations - definition of a business and IFRS 11 Joint Arrangements - acquisition of an interest in a joint operation.
8 July 2011 Robert Garnett and Michael Stewart give an overview of the issues discussed during the July 2011 IFRS Interpretations Committee meeting, including consideration of when to recognise a liability (and associated charge) for levies (IAS 37 Provisions, Contingent Liabilities and Contingent Assets), determining when the purchase of an investment property is a business combination (IFRS 3 Business Combinations and IAS 40 Investment Property), consideration of how to account for the acquisition of an interest in a joint operation where that joint operation carries on a business (IFRS 11 Joint Arrangements) and a discussion of concerns relating to the aggregation of operating segments and the identification of the Chief Operating Decision Maker in the context of segment disclosures (IFRS 8 Operating Segments).  
6 May 2011     Robert Garnett and Michael Stewart give an overview of the issues discussed during the May 2011 IFRS Interpretations Committee meeting, including IAS 19 Employee Benefits—Defined contribution plans with vesting conditions, IAS 7 Statement of Cash Flows—classification of interest paid that is capitalised as part of the cost of an asset, IAS 37 Provisions, Contingent Liabilities and Contingent Assets and IFRIC 6 Liabilities arising from Participating in a Specific MarketWaste Electrical and Electronic Equipment—use of IFRIC 6 by analogy.  
11 March 2011 Robert Garnett and Michael Stewart give an overview of the issues discvussed during the January 2011 IFRS Interpretations Committee meeting, including accounting for production phase stripping costs in the mining industry, put options written over non-controlling interests, contingent pricing of PPE and intangible assets, and clarification of meaning of continuous transfer.  
7 January 2011 Robert Garnett and Michael Stewart give an overview of the issues discussed during the January 2011 IFRS Interpretations Committee meeting, including accounting for production phase stripping costs in the mining industry, put options written over non-controlling interests, current/non current classification of debt (rollover agreements), and contingent pricing of PPE and intangible assets.   

 

 

Click here to see 2012 Interpretations Committee meeting podcasts.

Click here to see 2010 Interpretations Committee meeting podcasts.

 

Disclaimer: The Interpretations Committee meeting audio summaries do not represent the official views of the Interpretations Committee. All Interpretations Committee decisions are tentative until an official due process document has been published. For a more detailed summary of the Interpretations Committeemeeting and the tentative decisions, please refer to IFRIC Update