On or about 14 October 2020, the IFRS Foundation has issued, “Compilation of Agenda Decisions — Volume 3” which contains all the agenda decisions made by the IFRS Interpretations Committee from April 2020 to September 2020.
The agenda decisions included in this compilation relate to:
- IFRS 16 Leases: Sale and Leaseback with Variable Payments
- IAS 12 Income Taxes: Multiple Tax Consequences of Recovering an Asset and Deferred Tax related to an Investment in a Subsidiary
- IAS 38 Intangible Assets: Player Transfer Payments.
The agenda decisions intended to make the already published work of the Committee more accessible.
The Agenda decisions seek to make published work of the Committee more accessible. The agenda decision is made according to consultation and the report includes:
- the Committee’s decision
- material that explains how the applicable principles and requirements in IFRS Standards apply to the transaction or
- fact pattern described in the agenda decision.
Source: ISCA [media release], 14 October 2020, accessed 26 October 2020.