EFFECTIVE DATES OF IFRIC

This list contains the International Financial Reporting Interpretations Committee (IFRICs)’s Interpretations and their date of issuance by the International Accounting Standards Board (IASB). However, it is advisable that the readers shall visit the IFRS website for the latest development and issuance of the accounting standards.

www.IFRS.org

 

No

Title

Originally

issued

Effective

Fully

withdrawn

Superseded

by

 

IFRIC 1

Changes in Existing Decommissioning, Restoration and Similar Liabilities

2004

September 1, 2004

 

 

IFRIC 2

Members’ Shares in Co-operative Entities and Similar Instruments

2004

January 1, 2005

 

 

IFRIC 3

Emission Rights

2004

March 1, 2005   

July 1, 2005

N/A

 

IFRIC 4

Determining whether an Arrangement contains a Lease

2004

January 1, 2006

 

 

IFRIC 5

Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds

2004

January 1, 2006

 

 

IFRIC 6

Liabilities arising from Participating in a Specific Market—Waste Electrical and Electronic Equipment

2005

December 1, 2005

 

 

IFRIC 7

Approach under IAS 29 Financial Reporting in Hyperinflationary Economies

2005

March 1, 2006

 

 

IFRIC 8

Scope of IFRS 2

2006

May 1, 2006

January 1, 2001

IFRS 2

 

IFRIC 9

Reassessment of Embedded Derivatives

2006

June 1, 2006           

 

 

IFRIC 10

Interim Financial Reporting and Impairment     

2006

November 1, 2006

 

 

IFRIC 11

IFRS 2-Group and Treasury Share Transactions

2006

March 1, 2007

January 1, 2010

IFRS 2

IFRIC 12

Service Concession Arrangements

2006

January 1, 2008

 

 

IFRIC 13

Customer Loyalty Programmes

2007

July 1, 2008

 

 

IFRIC 14

IAS 19 - The Limit on a Defined Benefit Asset, Minimum Funding Requirements and their Interaction

2007

January 1, 2008

 

 

IFRIC 15

Agreements for the Construction of Real Estate

2008

January 1, 2009

 

 

IFRIC 16

Hedges of a Net Investment in a Foreign Operation

2008

October 1, 2008

 

 

IFRIC 17

Distributions of Non-cash Assets

2008

July 1, 2009

 

 

IFRIC 18

Transfers of Assets from Customers

2009

July 1, 2009

 

 

IFRIC 19

Extinguishing Financial Liabilities with Equity Instruments

2009

July 1, 2010

 

 

IFRIC 20

Stripping Costs in the Production Phase of a Surface Mine

2011

January 1, 2013

 

 

IFRIC 21

Levies

2013

January 1, 2014

 

 

IFRIC 22

Foreign Currency Transactions and Advance Considerations

2016

January 1, 2018

 

 

IFRIC 23

Uncertainty over Income Tax Treatments

2017

January 1, 2019