The IFRS Foundation podcast

Update on the progress in the Insurance Contracts project

Michael Stewart, Won-Hee Han, Irina Makarova, Koichiro Kuramochi and Denise Durant give an overview of some of the issues discussed at the March 2014 IFRS Interpretations Committee meeting, including IFRS 11 Joint Arrangements—Classification of joint arrangements, IAS 2 Inventories and IAS 16 Property, Plant and Equipment—Accounting for core inventories, IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors—Distinction between a change in an accounting policy and a change in an accounting estimate and IAS 34 Interim Financial Reporting—Condensed statement of cash flows.

Insurance Contracts, Conceptual Framework, Leases, and Disclosure Initiative

Fair Value Measurement: Unit of Account, Financial Instruments: Impairment, and Financial Instruments: Classification and Measurement

IAS 12 Income Taxes Threshold of recognition of an asset on uncertain tax position, IAS 1 Presentation of Financial Statements Issues related to the application of IAS 1, IFRS 11 Joint Arrangements classification of joint arrangements, IFRS 10 Consolidated Financial Statements An investment entity subsidiary that also provides investment related services

Michael Stewart, Leo Piombino, Denise Durant, Won-Hee Han and Koichiro Kuramochi give an overview of some of the issues discussed at the January 2014 IFRS Interpretations Committee meeting, including IAS 12 Income Taxes—Threshold of recognition of an asset on uncertain tax position, IAS 1 Presentation of Financial Statements—Issues related to the application of IAS 1, IFRS 11 Joint Arrangements—Classification of joint arrangements, IFRS 10 Consolidated Financial Statements—An investment entity subsidiary that also provides investment-related services.

Financial Instruments Classification and Measurement, Financial Instruments Impairment, Insurance contracts, Leases, Agriculture Bearer plants

Financial Instruments : Classification and Measurement, Financial Instruments: Impairment, Insurance Contracts, Leases, and Agriculture: Bearer Plants

Equity Method Share of Other Net Assets Changes, Impairment, Classification and Measurement, Fair Value Measurement

Equity Method: Share of Other Net Assets Changes (proposed amendment to IAS 28), Financial Instruments: Impairment, Financial Instruments: Classification and Measurement, and Fair Value Measurement: Unit of Account