Companies applying IFRS® Standards are required to reflect the explanatory material included in final agenda decisions made by the IFRS Interpretations Committee (IFRIC).

The issues discussed by the Committee are significant, so the potential impact of any resulting accounting policy changes on your company’s financial statements could be material – and any such changes may need to be made in your next financial statements.

In these pages we track some of the key issues discussed and provide more background on the role and authority of the Committee.