IFRIC Agenda Decision: How does it affect you?

Originally published at: IFRIC Agenda Decision: How does it affect you? | TheAccSense

The IFRS Interpretations Committee (IFRIC) is an interpretive committee of the International Accounting Standards Board (IASB). The function of the IFRIC is to deliberate, respond, and provide a recommendation on issues submitted to the committee with regards to the application of the accounting standards issued by the IASB. Being the committee, which receives and deliberates…