UK GAAP: status of IFRIC interpretations

A guide to the International Financial Reporting Interpretations Committee's interpretations that relate to UK GAAP

The Financial Reporting Council has issued a useful table that sets out which IFRICs have been adopted into UK GAAP.

Those adopted are:

Title   Description UK Abstract Number
IFRIC 2 Members’ Shares in Co-operative Entities and Similar Instruments  39
IFRIC 6 Liabilities arising from Participating in a Specific Market – Waste Electrical and Electronic Equipment  45
IFRIC 8 Scope of IFRS 2  41
IFRIC 9 Reassessment of Embedded Derivatives  42
IFRIC 11 IFRS 2 - Group and Treasury Share Transactions   44
IFRIC 16 Hedges of a Net Investment in a Foreign Operation   46
IFRIC 19 Extinguishing Financial Liabilities with Equity Instruments  47