The IFRS Foundation podcast

Financial Instruments and Insurance Contracts

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.

Alan Teixeira, Stephen Cooper and Sonja Lardeau provide an overview of the topics discussed in the March board meeting, including insurance contracts, macro hedge accounting, post-implementation reviews, effective dates and review of efficiency and effectiveness of the IFRS Interpretations Committee.

Darrel Scott, IASB member, Andrea Pryde, Senior Technical Manager and Rachel Knubley, Technical Principal, report on developments on the insurance contracts project at the 19-23 March 2012 meeting.

Insurance, Macro Hedge Accounting, post-implementation reviews, effective dates, and review of efficiency and effectiveness of the IFRS Interpretations Committee

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