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November 2023 IFRIC Update available

The IFRS Interpretations Committee (Committee) met on 28-29 November 2023, and the topics discussed were as follows:

Committee's tentative agenda decisions

  • Climate-related Commitments (IAS 37 Provisions, Contingent Liabilities and Contingent Assets)
  • Disclosure of Revenues and Expenses for Reportable Segments (IFRS 8 Operating Segments)

Agenda decisions for the IASB's consideration

  • Merger between a Parent and Its Subsidiary in Separate Financial Statements (IAS 27 Separate Financial Statements)

Other matters

  • Climate-related and Other Uncertainties in the Financial Statements
  • Provisions—Targeted Improvements
  • Power Purchase Agreements
  • Work in Progress

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