Two IFRIC final agenda decisions published in an addendum to June 2021 IFRIC Update

During the meeting held on 8-9 June 2021, IFRIC had finalised the agenda decisions on:

• Costs Necessary to Sell Inventories (IAS 2 Inventories)
• Preparation of Financial Statements when an Entity is No Longer a Going Concern (IAS 10 Events after the Reporting Period)

In accordance with the Due Process Handbook, the IASB discussed the agenda decision in its June 2021 meeting and did not object to the agenda decision.

The final agenda decisions are now published in an addendum to the June 2021 IFRIC Update.

The addendum to the June 2021 IFRIC Update may be accessed here.