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IFRS Accounting Standards are developed by the International Accounting Standards Board (IASB). The IASB is an independent standard-setting body within the IFRS Foundation.
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Illustrative examples for the variable fee approach
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On 19 March 2015, the IASB will hold an education session to discuss issues for the accounting of contracts with participation features. Among those issues to be discussed are:
- If and how the contractual service margin should be adjusted to reflect changes in entity’s share of underlying items; and
- How to determine interest expense in profit or loss.
The staff have prepared examples to illustrate the proposals that will be discussed at that education session. Access the illustrative examples.
For more information, including the agenda and papers for the March 2015 meeting, and registration for the live webcast, please visit the IASB March meeting page.
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