The IFRS Interpretations Committee (IFRIC) met on 25 June 2025, and the topics discussed were as follows:
Committee's tentative agenda decisions
- Determining and Accounting for Transaction Costs (IFRS 9 Financial Instruments)
- Embedded Prepayment Option (IFRS 9 Financial Instruments)
[Draft] Updates to Committee agenda decisions for IFRS 18
- Disclosure of Revenues and Expenses for Reportable Segments (IFRS 8 Operating Segments)
- Demand Deposits with Restrictions on Use arising from a Contract with a Third Party (IAS 7 Statement of Cash Flows)
- Subsequent Expenditure on Biological Assets (IAS 41 Agriculture)
- Disclosure of Changes in Liabilities Arising from Financing Activities (IAS 7 Statement of Cash Flows)
- Physical Settlement of Contracts to Buy or Sell a Non-financial Item (IFRS 9 Financial Instruments)
- Income and expenses arising on financial instruments with a negative yield—presentation in the statement of comprehensive income (IAS 39 Financial Instruments: Recognition and Measurement and IAS 1 Presentation of Financial Statements)
- 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)
- Normal operating cycle (IAS 1 Presentation of Financial Statements)
- Supply Chain Financing Arrangements—Reverse Factoring
Agenda decisions for the IASB's consideration
- Assessing Indicators of Hyperinflationary Economies (IAS 29 Financial Reporting in Hyperinflationary Economies)
Other matters
- Business Combinations—Disclosures, Goodwill and Impairment
- Work in Progress
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