International Accounting Standards Board: Developments in IFRS

Michael Stewart, Ken Yoshimura, April Pitman, Leo Piombino, and Won-Hee Han give an overview of some of the issues discussed at the March 2013 IFRS Interpretations Committee meeting, including IFRS 2 Share-Based Payment—Share-based payment awards settled net of tax withholdings, IFRS 10 Consolidated Financial Statements—Effect of protective rights on an assessment of control, IAS 19 Employee Benefits—Actuarial assumptions—Discount rate and IAS 28 Investments in Associates and Joint Ventures—Elimination of gains arising from a transaction between a joint venturer and its joint venture.