IFRIC (International Financial Reporting Interpretations Committee)

The IFRIC (International Financial Reporting Interpretations Committee) develops interpretations of the accounting standards within the scope of the IFRS.

What’s it all about?

  • What is the IFRIC?
  • What IFRIC interpretations are there?

What is the IFRIC?

The IFRIC (International Financial Reporting Interpretations Committee) develops interpretations of the accounting standards within the scope of the IFRS (International Financial Reporting Standards).

What IFRIC interpretations are there?

The IFRIC interpretations are divided into IFRIC 1 to IFRIC 23. Important IFRIC interpretations include IFRIC 12, which relates to service concession arrangements, and IFRIC 23, which relates to uncertainties regarding income tax treatments.

The income tax liabilities listed in the annual report are calculated using the regulations in IFRIC 23.

Dear visitor,
To provide you with the best possible service, we use cookies. Some cookies are necessary for the operation of the website. Other cookies for anonymous statistics, language preferences or the display of third-party content are optional. Depending on your choice, your consent also includes a transfer of data to recipients in third countries without an adequate level of data protection, such as the USA in particular, with the risk of access by authorities there without legal recourse. Under Data Privacy, you will find further information and can adjust the settings for cookies at any time.