Two IFRIC Agenda Decisions published in an addendum to March 2024 IFRIC Update

During its meeting held in March 2024, IFRIC had finalised the following agenda decisions:
  • Climate-related Commitments (IAS 37 Provisions, Contingent Liabilities and Contingent Assets)
  • Payments Contingent on Continued Employment during Handover Periods (IFRS 3 Business Combinations)
In accordance with the Due Process Handbook, the IASB discussed the agenda decision in its April 2024 meeting and did not object to it.
The final agenda decision is now published in an addendum to the March 2024 IFRIC Update.
The addendum to the March 2024 IFRIC Update may be accessed here.