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The IFRS Interpretations Committee (IFRIC) met on 25–26 November 2025, and the topics discussed were as follows:
Committee's tentative agenda decisions
- Classification of Gains and Losses on a Derivative Managing a Foreign Currency Exposure (IFRS 18 Presentation and Disclosure in Financial Statements)
- Fair Presentation and Compliance with IFRS Accounting Standards (IAS 1 Presentation of Financial Statements)
- Scope of the Requirement to Disclose Expenses by Nature (IFRS 18 Presentation and Disclosure in Financial Statements)
- Assessment of a Specified Main Business Activity for the purposes of the Separate Financial Statements of a Parent (IFRS 18 Presentation and Disclosure in Financial Statements)
- Presentation of Taxes or Other Charges that are Not Income Taxes within the Scope of IAS 12 Income Taxes (IFRS 18 Presentation and Disclosure in Financial Statements)
[Draft] Updates to Committee's agenda decisions for IFRS 18
- Presentation of payments on non-income taxes (IAS 1 Presentation of Financial Statements and IAS 12 Income Taxes)
- Classification of tonnage taxes (IAS 12 Income Taxes)
Agenda decisions for the IASB's consideration
- Embedded Prepayment Option (IFRS 9 Financial Instruments)
- Determining and Accounting for Transaction Costs (IFRS 9 Financial Instruments)
- Updates to Committee’s agenda decisions for IFRS 18 Presentation and Disclosure in Financial Statements
Other matters
- Business Combinations—Disclosures, Goodwill and Impairment
- Work in Progress
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