IFRIC Update March 2007

27 March 2007

The IFRIC met in London on 8 and 9 March 2007, when it discussed among others issues on IAS 21 - The Effects of Changes in Foreign Exchange Rates: The hedge of a net investment in a foreign operation, and IAS 19 - The Asset Ceiling: Availability of Economic Benefits and Minimum Funding Requirements.

Other issues included:

D20 Customer Loyalty Programmes

IAS 18 Revenue—Sales of real estate

IAS 38 Intangible Assets, advertising and promotion

IFRS 5 Non-current Assets held for Sale and Discontinued Operations—Plan to sell the controlling interest in a subsidiary

IFRIC Agenda Decisions

Tentative Agenda Decisions

Document

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