Michael Stewart, Gary Berchowitz and Denise Durant give an overview of the issues discussed in the March 2012 IFRS Interpretations Committee meeting, including IAS 37 Provisions, Contingent Liabilities and Contingent Assets—Determining when to recognise a liability for levies, IFRIC 12 Service Concession Arrangements—How to account for contractual payments made by operator under service concession arrangement, IAS 1 Presentation of Financial Statements—Presentation of expense for non-income taxes, IAS 12 Income Taxes—Accounting for the tax effects of market value uplifts allowed by new tax legislation for tax depreciation purposes, IAS 16 Property, Plant and Equipment/IAS 38 Intangible Assets—Revenue-based depreciation and amortisation, IFRS 11 Joint Arrangements—Purchase of an interest in a joint operation that contains a business, IAS 7 Statement of Cash Flows—Cash flow classification.

Stephen Cooper, Sue Lloyd and Mark Byatt provide an overview of the topics discussed in the February board meeting, including Impairment of financial assets, Insurance contracts, Classification and measurement of financial instruments and Leases.

Impairment of Financial Assets, Insurance Contracts, Classification and Measurement of Financial Instruments, and Leases

Stephen Cooper, Alan Teixeira and Mark Byatt provide an overview of the topics discussed in the January board meeting, including IFRS 9 Impairment, Classification and measurement, Macro hedge accounting, Insurance contracts, agenda consultation and effective dates.

IFRS 9 Impairment, Classification and Measurement, Macro Hedge Accounting, Insurance Contracts, Agenda Consultation, and effective dates

Michael Stewart, Gary Berchowitz and Patrick Le Flao give an overview of the issues discussed in the January 2012 IFRS Interpretations Committee meeting, including IAS 37 Provisions, Contingent Liabilities and Contingent Assets, Determining when to recognise a liability for levies, IAS 28 Investments in Associates and Joint Ventures, accounting for associate's changes in equity, IAS 32 Financial Instruments: Presentation, accounting for put options written over shares held by non-controlling interests, IAS 2 Inventories, long-term prepayments for inventory supply contracts and Annual Improvements, deliberation of comments received on exposure draft.

Michael Stewart, Gary Berchowitz and Patrick Le Flao give an overview of the issues discussed in the January 2012 IFRS Interpretations Committee meeting, including IAS 37 Provisions, Contingent Liabilities and Contingent Assets—Determining when to recognise a liability for levies, IAS 28 Investments in Associates and Joint Ventures—Accounting for associate’s changes in equity, IAS 32 Financial Instruments: Presentation—Accounting for put options written over shares held by non-controlling interests, IAS 2 Inventories—Long-term prepayments for inventory supply contracts and Annual Improvements—Deliberation of comments received on exposure draft.

IFRS 9 Impairment, Classification and Measurement, Leases, and Insurance Contracts

Stephen Cooper, Alan Teixeira and Mark Byatt provide an overview of the topics discussed in the December 2011 board meeting, including IFRS 9 Impairment, Classification and measurement, Leases and Insurance contracts.

Stephen Cooper, IASB member and Andrea Pryde, Senior Technical Manager, report on developments in the Insurance Project following the joint IASB/FASB meeting on 13-16 December 2011.