The IFRS Foundation’s second Compilation of Agenda Decisions brings together agenda decisions published by the IFRS Interpretations Committee (Committee) from October 2019 to March 2020.
The agenda decisions are organised by the IFRS Standard to which they relate. The document is intended to make the already published work of the Committee more accessible.
The role of the Committee is to work with the International Accounting Standards Board in supporting consistent application of IFRS Standards.
The Committee publishes an agenda decision when, following consultation, it concludes that standard-setting is not required to address a question it receives about the application of IFRS Standards. Standard-setting is often not required because principles and requirements in the Standards are adequate to address the question.
In such situations, the agenda decision includes material that explains how the applicable principles and requirements in the Standards apply to the transaction or fact pattern described in the Agenda Decision.