April 2020 IFRIC Update available

The April 2020 IFRS Interpretations Committee Update is now available.

Topics discussed at the April 2020 meeting were as follows:

Items on the current agenda

• Supply Chain Financing Arrangements—Reverse Factoring—Agenda Paper 3

Committee’s agenda decisions

• Multiple Tax Consequences of Recovering an Asset (IAS 12 Income Taxes)—Agenda Paper 2

Other matters

• Committee Work in Progress—Agenda Paper 4