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ARTICLE · 10 MAY 2013

On The Horizon For IFRS - April 30, 2013

Grant Thornton LLP
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The IFRS Interpretations Committee has issued the March 2013 "IFRIC Update", which summarizes the deliberations during its meeting in London on March 12-13, 2013.

United StatesAccounting and Audit
Grant Thornton'S Audit Practice Group
Grant Thornton'S Audit Practice Group
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IFRIC MEETING MARCH 12-13, 2013

Introduction

The IFRS Interpretations Committee (IFRIC or the Committee) has issued the March 2013 IFRIC Update, which summarizes the deliberations during its meeting in London on March 12-13, 2013. This On the Horizon for IFRS provides a brief description of the topics discussed at that meeting. For a more complete description of the issues discussed by the Committee, as well as the results of those discussions, please refer to the March 2013 IFRIC Update.

All decisions reached at Committee meetings are tentative and may be changed or modified at future meetings. Committee decisions become final only after completion of a formal vote on an Interpretation or Draft Interpretation, which is confirmed by the IASB.

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