archive-com.com » COM » I » IASPLUS.COM

Total: 1447

Choose link from "Titles, links and description words view":

Or switch to "Titles and links view".
  • IAS 41 — Fair value measurement issues in agriculture
    Meetings Standards Projects Jurisdictions Resources My IAS Plus Topics Communications Toggle navigation Search site Navigation Projects Agenda consultations Completed projects Annual improvements Assets Conceptual framework Consolidation and business combinations Employee benefits Financial instruments Financial statements and disclosure First time adoption Income taxes Leases Liabilities Other Revenue Share based payments Items not added to the agenda IFRIC Major projects Narrow scope amendments Post implementation reviews Research projects Navigation Assets Emission rights Extractive activities Exploration for and evaluation of mineral resources Extractive activities Comprehensive project IAS 16 Contingent pricing of property plant and equipment IAS 16 Stripping costs in the production phase of a mine IAS 16 IAS 38 Acceptable methods of depreciation and amortisation IAS 36 Recoverable amount disclosures for non financial assets IAS 38 Compliance costs for REACH IAS 41 Bearer plants IAS 41 Fair value measurement issues in agriculture Impairment of assets Rate regulated activities Interim standard Info IAS 41 Fair value measurement issues in agriculture Background IAS 41 Agriculture requires biological assets and agricultural produce be recognised and measured at their fair value In some cases a present value technique is used to estimate fair value because markets do not exist IAS 41 requires that the cash flows exclude any increases in value from additional biological transformation The issue initially addressed in this project is whether a fair value measurement objective can be achieved if these future increases are excluded The project was later broadened to address recognition and measurement issues under IAS 41 Current status of the project IFRIC removed this topic from its agenda in 2007 in favour of recommending to the IASB that the matters considered be included in the annual improvements process Amendments to IAS 41 were proposed and made in the 2006 2008 cycle of annual improvements Quick links Annual improvements 2006 2008

    Original URL path: http://www.iasplus.com/en/projects/completed/assets/project145 (2016-02-10)
    Open archived version from archive


  • IAS 41 — Items not added to the agenda
    added to the agenda IAS 24 Items not added to the agenda IAS 26 Items not added to the agenda IAS 27 Items not added to the agenda IAS 28 Items not added to the agenda IAS 29 Items not added to the agenda IAS 31 Items not added to the agenda IAS 32 Items not added to the agenda IAS 33 Items not added to the agenda IAS 34 Items not added to the agenda IAS 36 Items not added to the agenda IAS 37 Items not added to the agenda IAS 38 Items not added to the agenda IAS 39 Items not added to the agenda IAS 40 Items not added to the agenda IAS 41 Items not added to the agenda IFRS 1 Items not added to the agenda IFRS 2 Items not added to the agenda IFRS 3 Items not added to the agenda IFRS 4 Items not added to the agenda IFRS 5 Items not added to the agenda IFRS 6 Items not added to the agenda IFRS 7 Items not added to the agenda IFRS 8 Items not added to the agenda IFRS 9 Items not added to the agenda IFRS 10 Items not added to the agenda IFRS 11 Items not added to the agenda IFRS 12 Items not added to the agenda IFRS 13 Items not added to the agenda IFRS 14 Items not added to the agenda IFRIC 21 Items not added to the agenda IFRS Interpretations Committee agenda discussions Info IAS 41 Items not added to the agenda Background This page presents a summary of items not added to the IFRS Interpretations Committee s agenda in relation to IAS 41 Agriculture together with the Committee s public explanation of the reasons for not adding those items to its agenda Related

    Original URL path: http://www.iasplus.com/en/projects/not-added/ias-41-not-added (2016-02-10)
    Open archived version from archive

  • IFRIC 9 — Scope of IFRIC 9 and revised IFRS 3
    intragroup transactions IAS 39 Exposures qualifying for hedge accounting IAS 39 Fair value option IAS 39 Macro hedging IAS 39 Reassessment of embedded derivatives IAS 39 Transition and day 1 profit recognition IAS 39 IAS 32 Debt to equity swaps IAS 39 IAS 37 Credit risk in liability measurement IAS 39 IFRS 4 Financial guarantee contracts and credit insurance IAS 39 IFRS 7 Reclassification of financial assets IAS 39 IFRS 9 Novation of OTC derivatives and continuing designation for hedge accounting IFRIC 16 Amendment to the restriction on the entity that can hold hedging instruments IFRIC 9 Scope of IFRIC 9 and revised IFRS 3 IFRS 7 Disclosures about investments in debt instruments IFRS 7 Improved disclosures about financial instruments Financial instruments General hedge accounting Financial instruments Impairment Financial instruments Limited reconsideration of IFRS 9 IAS 32 Put options over non controlling interests NCIs Info IFRIC 9 Scope of IFRIC 9 and revised IFRS 3 Background In January 2009 the IASB agreed to amend paragraph 5 of IFRIC 9 Reassessment of Embedded Derivatives to clarify that the scope of IFRIC 9 excludes contracts with embedded derivatives acquired in a combination between entities under common control or in the formation of a joint venture Current status of the project This project has been completed After initially being exposed in a separate exposure draft along with the amendments to IFRIC 16 an amendment to IFRIC 9 was included in Improvements to IFRSs issued on 16 April 2009 Project milestones Date Development Comments January 2009 Added to the IASB s agenda 30 January 2009 Exposure Draft ED 2009 1 Post implementation Revisions to IFRIC Interpretations Proposed amendments to IFRIC 9 and IFRIC 16 published Comment deadline 3 March 2009 16 April 2009 Improvements to IFRSs issued Amendments to IFRIC 9 effective for annual

    Original URL path: http://www.iasplus.com/en/projects/completed/fi/ifric-9-scope (2016-02-10)
    Open archived version from archive

  • IFRIC 14 — Voluntary prepaid contributions under a minimum funding requirement
    between defined benefit and defined contribution plans hybrid plans IAS 19 Effect of minimum funding requirements on asset ceiling IAS 19 Employee benefit plans with a promised return on contributions or notional contributions IAS 19 Employee contributions to defined benefit plans IAS 19 Multiemployer plan exemption IAS 19 Termination benefits IAS 19 The asset ceiling IFRIC 14 Voluntary prepaid contributions under a minimum funding requirement Post employment benefits Amendments to IAS 19 Post employment benefits Discount rate Info IFRIC 14 Voluntary prepaid contributions under a minimum funding requirement Background The requirements of IFRIC 14 IAS 19 The Limit on a Defined Benefit Asset Minimum Funding Requirements and their Interaction may produce unintended consequences in the treatment of voluntary prepaid contributions under a minimum funding requirement This is because paragraph 22 of IFRIC 14 requires an entity to include particular expected cash outflows in assessing whether there is an asset at the reporting date In some cases including these cash flows implies there is a liability at the reporting date when there is not Therefore this project was to consider a proposed amendment to IFRIC 14 to clarify the accounting where an entity makes voluntary prepaid contributions and there is a minimum funding requirement This project started as a project of the IFRS Interpretations Committee but the Committee removed the project from its agenda when the IASB commenced its own project in January 2009 Current status of the project This project has been completed The IASB issued Prepayments of a Minimum Funding Requirement Amendments to IFRIC 14 on 26 November 2009 Project milestones Date Development Comments 28 May 2009 Exposure draft ED 2009 4 Prepayments of a Minimum Funding Requirement Proposed amendments to IFRIC 14 issued Comment deadline 27 July 2009 26 November 2009 Prepayments of a Minimum Funding Requirement Amendments to IFRIC 14 published Effective for annual periods beginning or after 1 January 2011 Related Discussions IFRIC 14 Should an entity assume continuation of a minimum funding requirement for contributions relating to future service 14 Jul 2015 The Committee discussed whether an entity assume continuation of a minimum funding requirement for contributions relating to future service IFRIC 14 Voluntary prepaid contributions under a minimum funding requirement 05 Mar 2009 The IFRIC decided not to add this issue to its agenda as the IASB has already taken the proposed changes to its agenda and hence the IFRIC criteria for adding it to the agenda were no longer met Update on IFRIC projects since November 2008 meeting 05 Mar 2009 The IFRIC considered a number of actions that the IASB and staff have taken since the last IFRIC meeting in November 2008 to progress in process IFRIC related issues and to address a few new issues the Board felt required immediate attention Review of tentative agenda decisions published in September 2008 IFRIC Update 06 Nov 2008 IFRIC confirmed its tentative decision on IAS 39 restricted securities and IFRIC 14 stable workforce assumption but agreed to propose an amendment to IFRIC 14 in

    Original URL path: http://www.iasplus.com/en/projects/completed/employee-benefits/project150 (2016-02-10)
    Open archived version from archive

  • IFRIC 15 — Meaning of 'continuous transfer'
    Info IFRIC 15 Meaning of continuous transfer Background An IFRIC Interpretations Committee project to consider whether decisions reached in the IASB s revenue recognition project could provide insight into clarification of the meaning of continuous transfer under IFRIC 15 Agreements for the Construction of Real Estate The Committee had received an inquiry related to IFRIC 15 and recognition of revenue under continuous transfer Specifically the submitter asked for clarification on the following matters in the context of the sale of apartments off plan does continuous transfer of control mean that the buyer receives control over the part completed work in progress or the seller loses control and the buyer gains protective rights does control mean that the buyer has legal or physical possession of the work in progress while construction takes place or is it sufficient that the seller is unable to sell the work in progress to anyone else whether the unit of account for a development is each individual unit or the entire block Current status of the project Although the Committee has decided not to formally add this project to its agenda the Committee continues to liaise with the IASB on this issue as part of the revenue recognition project Related Discussions IFRIC 15 Clarification of the meaning of continuous transfer 15 May 2012 The IFRS Interpretations Committee considered advice from the IASB to retain IFRIC 15 as drafted and that the Board noted that a careful assessment needs to be made of the facts and circumstances of individual transactions when applying IFRIC 15 IFRIC 15 Meaning of continuous transfer 01 Mar 2012 The IASB discussed the two submissions received by the Interpretations Committee requesting clarification of the notion of continuous transfer of a good in IFRIC 15 Agreements for the Construction of Real Estate Administrative session

    Original URL path: http://www.iasplus.com/en/projects/completed/revenue/ifric-15-continuous-transfer (2016-02-10)
    Open archived version from archive

  • IFRIC 16 — Amendment to the restriction on the entity that can hold hedging instruments
    transactions IAS 39 Exposures qualifying for hedge accounting IAS 39 Fair value option IAS 39 Macro hedging IAS 39 Reassessment of embedded derivatives IAS 39 Transition and day 1 profit recognition IAS 39 IAS 32 Debt to equity swaps IAS 39 IAS 37 Credit risk in liability measurement IAS 39 IFRS 4 Financial guarantee contracts and credit insurance IAS 39 IFRS 7 Reclassification of financial assets IAS 39 IFRS 9 Novation of OTC derivatives and continuing designation for hedge accounting IFRIC 16 Amendment to the restriction on the entity that can hold hedging instruments IFRIC 9 Scope of IFRIC 9 and revised IFRS 3 IFRS 7 Disclosures about investments in debt instruments IFRS 7 Improved disclosures about financial instruments Financial instruments General hedge accounting Financial instruments Impairment Financial instruments Limited reconsideration of IFRS 9 IAS 32 Put options over non controlling interests NCIs Info IFRIC 16 Amendment to the restriction on the entity that can hold hedging instruments Background In January 2009 the IASB agreed to amend IFRIC 16 Hedges of a Net Investment in a Foreign Operation to allow entities to designate as a hedging instrument in a hedge of a net investment in a foreign operation an instrument that is held by the foreign operation that is being hedged Current status of the project This project has been completed After initially being exposed in a separate exposure draft along with the amendments to IFRIC 9 an amendment to IFRIC 16 was included in Improvements to IFRSs issued on 16 April 2009 Project milestones Date Development Comments January 2009 Added to the IASB s agenda 30 January 2009 Exposure Draft ED 2009 1 Post implementation Revisions to IFRIC Interpretations Proposed amendments to IFRIC 9 and IFRIC 16 issued Comment deadline 3 March 2009 16 April 2009 Improvements to IFRSs

    Original URL path: http://www.iasplus.com/en/projects/completed/fi/ifric-16-amendments-2009 (2016-02-10)
    Open archived version from archive

  • IFRIC 21 — Items not added to the agenda
    agenda IAS 19 Items not added to the agenda IAS 20 Items not added to the agenda IAS 21 Items not added to the agenda IAS 23 Items not added to the agenda IAS 24 Items not added to the agenda IAS 26 Items not added to the agenda IAS 27 Items not added to the agenda IAS 28 Items not added to the agenda IAS 29 Items not added to the agenda IAS 31 Items not added to the agenda IAS 32 Items not added to the agenda IAS 33 Items not added to the agenda IAS 34 Items not added to the agenda IAS 36 Items not added to the agenda IAS 37 Items not added to the agenda IAS 38 Items not added to the agenda IAS 39 Items not added to the agenda IAS 40 Items not added to the agenda IAS 41 Items not added to the agenda IFRS 1 Items not added to the agenda IFRS 2 Items not added to the agenda IFRS 3 Items not added to the agenda IFRS 4 Items not added to the agenda IFRS 5 Items not added to the agenda IFRS 6 Items not added to the agenda IFRS 7 Items not added to the agenda IFRS 8 Items not added to the agenda IFRS 9 Items not added to the agenda IFRS 10 Items not added to the agenda IFRS 11 Items not added to the agenda IFRS 12 Items not added to the agenda IFRS 13 Items not added to the agenda IFRS 14 Items not added to the agenda IFRIC 21 Items not added to the agenda IFRS Interpretations Committee agenda discussions Info IFRIC 21 Items not added to the agenda Background This page presents a summary of items not added to the IFRS

    Original URL path: http://www.iasplus.com/en/projects/not-added/ifric-21-not-added (2016-02-10)
    Open archived version from archive

  • IFRS 1 — Additional exemptions for first-time adopters
    and disclosure First time adoption Income taxes Leases Liabilities Revenue Share based payments Other Items not added to the agenda IFRIC Navigation First time adoption First time adoption of International Financial Reporting Standards IFRS 1 Additional exemptions for first time adopters IFRS 1 Exemption from comparative IFRS 7 disclosures IFRS 1 Government loans IFRS 1 Replacement of fixed dates IFRS 1 Severe hyperinflation Info IFRS 1 Additional exemptions for first time adopters Background This project arose from the IASB s consideration of requests from the Canadian Accounting Standards Board AcSB and the Canadian oil and gas industry to provide additional exemptions in IFRS 1 First time Adoption of International Financial Reporting Standards in the following areas Derecognition of financial assets and liabilities this issue was dealt with later on the IASB s project on IFRS 1 fixed dates Reassessment of accounting under previous GAAP Retrospective restatement of fair values Oil and gas industry issue Full cost accounting The IASB did not proceed with all matters raised Current status of the project This project has been completed The IASB issued Additional Exemptions for First time Adopters Amendments to IFRS 1 on 23 July 2009 Project milestones Date Development Comments March 2008 Added to the IASB s agenda 25 September 2008 Exposure draft Additional Exemptions for First time Adopters proposed amendments to IFRS 1 published Comment deadline 23 January 2009 23 July 2009 Additional Exemptions for First time Adopters Amendments to IFRS 1 issued Effective for annual periods beginning on or after 1 January 2010 Quick links IFRS 1 First time Adoption of International Financial Reporting Standards Related news IASB amends IFRS 1 on first time adoption 24 Jul 2009 We comment on proposed amendments to IFRS 1 24 Jan 2009 IASB proposes amendments to first time adoption 25 Sep 2008 All

    Original URL path: http://www.iasplus.com/en/projects/completed/fta/project67 (2016-02-10)
    Open archived version from archive



  •