IFRS Interpretations Committee (IFRIC)

Website: www.iasb.org

The IFRS Interpretations Committee is the interpretative body of the International Accounting Standards Board (IASB).

Recent Developments – Past 90 days



IFRS Interpretations Committee work in progress

The IFRS Interpretations Committee meets every 2 months in London UK. See below for meeting materials.

November 2014 Meeting

September 2014 Meeting

Back to top


Newsletter – IFRIC Update

IFRIC Update — November 2014

This edition of IFRIC Update provides a summary of the IFRS Interpretations Committee's November 11 meeting. The meeting included discussions of the Committee's current agenda items, agenda decisions, issues considered for annual improvements, and discussion of other work in progress.

IFRIC Update — September 2014

This edition of IFRIC Update provides a summary of the IFRS Interpretations Committee's September 16-17 meeting. The meeting included discussions of the Committee's current agenda items, agenda decisions, issues considered for annual improvements, and discussion of other work in progress.

Back to top


PwC Response letters

PwC Comments on IFRS IC tentative agenda decision: IFRIC 21 - Levies
PwC – 10/24/2014
PwC agrees with the Committee's decision not to take this item onto the agenda. We are concerned, however, that the tentative agenda decision will create confusion on how to apply the existing IFRS guidance and might create diversity in practice that does not exist today. Our letter offers some recommendations for the Committee to consider to alleviate any confusion.

Back to top