Issues Amendments to (Amendment to IFRS The Amendments provide a requirement for the seller-lessee IFRS 16 – Lease Liability 16) to determine ‘lease payments’ or ‘revised lease payments’ in a in a Sale and Leaseback way that the seller-lessee would not recognise any amount of the gain or loss that relates to the right of use retained by the seller-lessee. [...] The Amendments modify the following requirements in IFRS 9 and IFRS 7: Amendments to the Classification and Derecognition of financial liabilities IFRB 2024/07 – IASB Issues Amendments to Measurement of ► Derecognition of financial liabilities settled through the Classification and Financial Instruments electronic transfers (Amendments to Measurement of Finan- IFRS 9 and IFRS 7) Classification of. [...] The Amendments permit an entity to early adopt only the amendments related to the classification of financial assets and the related disclosures and apply the remaining amendments later. [...] The initial research and planning phase aims to define the scope of issues to be explored in the project and explore the best approach to plan and organise the work. [...] The Committee discussed the PIR and provided their views on the implementation and Post-implementation ongoing application of IFRS 15, and suggested matters that IASB project page Review of IFRS the IASB should consider in the PIR.
- Pages
- 18
- Published in
- Australia
Table of Contents
- CONTENTS 2
- BACKGROUND 2
- Standards and Amendments Mandatorily Effective from 1 January 2027 2
- Background 2
- Standards and Amendments Mandatorily Effective from 1 January 2024 2
- Standards and Amendments Mandatorily Effective from 1 January 2025 2
- Standards and Amendments Mandatorily Effective from 1 January 2026 2
- IASB Activities 2
- IFRS Interpretation Committee Activities 2
- Standards and Amendments Mandatorily Effective from 1 January 2024 3
- Standards and Amendments Mandatorily Effective from 1 January 2025 5
- Standards and Amendments Mandatorily Effective from 1 January 2026 5
- Derecognition of financial liabilities 5
- Classification of financial assets 5
- Disclosures 6
- Standards and Amendments Mandatorily Effective from 1 January 2027 6
- IASB Activities 8
- New IFRS Accounting Standards and Amendments Issued in 2024 8
- Standard-setting Projects 8
- Maintenance Projects 12
- Research Projects 14
- IFRS Interpretation Committee Activities 15
