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The IFRS Foundation has published a short video that explains how the IFRS Interpretations Committee (Committee) helps maintain and support consistent application of IFRS Accounting Standards; what happens when the Committee receives an application question; and how it works with the International Accounting Standards Board.

The three-minute video also explains why agenda decisions are important in supporting consistent application of Accounting Standards, and why companies and others are required to consider them when applying the Accounting Standards.

The next IFRS Interpretations Committee meeting will take place on 28-29 November 2023 and can be watched online. The agenda and meetings papers are now available.

Followable tags

IFRS Accounting Standards development
Applying IFRS Accounting Standards
IFRS 8 Operating Segments
IFRS 9 Financial Instruments
IFRS Foundation strategy and governance
IAS 27 Separate Financial Statements
IAS 37 Provisions, Contingent Liabilities and Contingent Assets