International Accounting Standards Board: Developments in IFRS

IFRS Interpretations Committee Chair and International Accounting Standards Board Member Bruce Mackenzie joins IASB Technical Staff Member Patrina Buchanan to discuss activities to support consistent application of IFRS Accounting Standards in the first quarter of 2022. Topics include Demand Deposits with Restrictions on Use arising from a Contract with a Third Party (00.55), TLTRO III Transactions (03.55), Transfer of Insurance Coverage under a Group of Annuity Contracts (05.05), Negative Low Emission Vehicle Credits (11.30), Lessor Forgiveness of Lease Payments (13.50), and SPAC Transactions—Classification of Public Shares and Accounting for Warrants at Acquisition (17.50).