March 2025 IFRIC Update available

March 2025 IFRIC Update available

The IFRS Interpretations Committee (the Committee) met on 11 March 2025. The IFRIC Update is now available.
The topics discussed included:
Agenda decisions for the IASB's consideration
  • Guarantees Issued on Obligations of Other Entities
  • Recognition of Revenue from Tuition Fees (IFRS 15 Revenue from Contracts with Customers)
  • Recognition of Intangible Assets from Climate-related Expenditure (IAS 38 Intangible Assets)
Other matters
  • Translation to a Hyperinflationary Presentation Currency
  • Work in Progress
The IFRIC Update may be accessed here.