The IFRS Interpretations Committee’s work
The main activity of the IFRS Interpretations Committee (Interpretations Committee) is to discuss application questions from stakeholders and decide how to respond to those questions.
Often the Interpretations Committee responds to a stakeholder’s question by publishing an agenda decision with explanatory material. In such cases, the Interpretations Committee concludes that the principles and requirements in IFRS® Accounting Standards provide an adequate basis for companies to determine their accounting, so standard-setting is not needed.
In other cases, the Interpretations Committee concludes that responding to a question requires adding to or changing IFRS Accounting Standards, by means of an IFRIC® Interpretation or a narrow-scope amendment.
View the section below for an overview of the annual activities of the Interpretations Committee.
In 2021 the Interpretations Committee held 6 meetings and considered 16 application questions.
The Interpretations Committee responded to those questions by developing 12 agenda decisions and 2 draft amendments to IFRS Accounting Standards for the International Accounting Standards Board (IASB) to consider.
Work was ongoing on the remaining 2 questions at the end of 2021.
Agenda decisions (or tentative agenda decisions) including explanatory material
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Maintenance projects included in the IASB's work plan
Find out moreIn 2020 the Interpretations Committee held 6 meetings and considered 16 application questions.
The Interpretations Committee responded to those questions by developing 15 agenda decisions and 1 draft amendment to an IFRS Accounting Standard for the International Accounting Standards Board (IASB) to consider.
Agenda decisions (or tentative agenda decisions) including explanatory material
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Maintenance projects included in the IASB's work plan
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In 2019 the Interpretations Committee held 5 meetings and considered 33 application questions.
The Interpretations Committee responded to 31 of those questions by developing 30 agenda decisions and 1 draft amendment to IFRS Accounting Standards for the International Accounting Standards Board (IASB) to consider.
Work is ongoing on the remaining 2 questions at the end of 2019.
Agenda decisions (or tentative agenda decisions) including explanatory material
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Maintenance projects included in the IASB's work plan
Find out moreIn 2018 the Interpretations Committee held 6 meetings and considered 28 different application questions.
The Interpretations Committee responded to 27 of those questions by developing 21 agenda decisions and 6 draft amendments or additions to IFRS Accounting Standards for the International Accounting Standards Board (IASB) to consider.
For the remaining question, the Interpretations Committee did not obtain evidence that the matter has widespread effect.
Agenda decisions (or
tentative agenda decisions)
including explanatory material
Maintenance projects
included in the IASB's work plan
Applying paragraph 5.16(a) of
the Due Process Handbook
In 2017 the Interpretations Committee held 5 meetings and considered 27 different application questions.
The Interpretations Committee responded to 23 of those questions by developing 16 agenda decisions and 7 draft amendments or additions to IFRS Standards for the International Accounting Standards Board (IASB) to consider.
For the remaining 4 questions, the Interpretations Committee concluded that the topics were too broad for it to address efficiently within the confines of existing IFRS Accounting Standards. The IASB has considered, or will consider, those topics in setting its agenda.
Agenda decisions (or
tentative agenda decisions)
including explanatory material
Maintenance projects
included in the IASB's work plan
Most of these topics are part
of the IASB's active or
future research projects
In 2016 the Interpretations Committee held 6 meetings and considered 33 different application questions.
The Interpretations Committee responded to 25 of those questions by developing 16 agenda decisions and 9 draft amendments or additions to IFRS Standards for the International Accounting Standards Board (IASB) to consider.
For the remaining 8 questions, the Interpretations Committee concluded that the topics were too broad for it to address efficiently within the confines of existing IFRS Accounting Standards. The IASB has considered, or will consider, those topics in setting its agenda.
Agenda decisions (or
tentative agenda decisions)
including explanatory material
Maintenance projects
included in the IASB's work plan
Most of these topics are part
of the IASB's active or
future research projects
