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Commission Regulation (EC) No 636/2009 of 22 July 2009 amending Regulation (EC) No 1126/2008 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council as regards International Financial Reporting Interpretations Committee’s (IFRIC) Interpretation 15 (Text with EEA relevance) (revoked)

EU Regulation No 636/2009 · Adopted 22 July 2009 · Extends to United Kingdom

Original text. legislation.gov.uk does not revise this item, so later amendments are not shown here. Changes made to it are listed under each provision when known.

Commission Regulation (EC) No 636/2009

of 22 July 2009

amending Regulation (EC) No 1126/2008 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council as regards International Financial Reporting Interpretations Committee’s (IFRIC) Interpretation 15

(Text with EEA relevance) (revoked)

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Annotations to the whole text

Textual amendments

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Regulation revoked (31.12.2020) by The International Accounting Standards and European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/685), reg. 1(2), Sch. 2 para. 14 (with reg. 20(2)) (as amended by S.I. 2020/335, regs. 1, 5); 2020 c. 1, Sch. 5 para. 1(1)

Contents

  1. 1Article 1 Repealed
  2. 2Article 2 Repealed
  3. 3Article 3 Repealed
  4. Signature
  5. Annex Repealed
  6. Division Repealed
  7. IFRIC INTERPRETATION 15Agreements for the Construction of Real Estate Repealed
  8. REFERENCES Repealed
  9. BACKGROUND Repealed
  10. 1Division 1 Repealed
  11. 2Division 2 Repealed
  12. 3Division 3 Repealed
  13. SCOPE Repealed
  14. 4Division 4 Repealed
  15. 5Division 5 Repealed
  16. ISSUES Repealed
  17. 6The Interpretation addresses two issues: Repealed
  18. CONSENSUS Repealed
  19. 7Division 7 Repealed
  20. 8Division 8 Repealed
  21. 9Division 9 Repealed
  22. Determining whether the agreement is within the scope of IAS 11 or IAS 18 Repealed
  23. 10Division 10 Repealed
  24. 11Division 11 Repealed
  25. 12Division 12 Repealed
  26. Accounting for revenue from the construction of real estate Repealed
  27. The agreement is a construction contract Repealed
  28. 13Division 13 Repealed
  29. 14Division 14 Repealed
  30. The agreement is an agreement for the rendering of services Repealed
  31. 15Division 15 Repealed
  32. The agreement is an agreement for the sale of goods Repealed
  33. 16Division 16 Repealed
  34. 17Division 17 Repealed
  35. 18Division 18 Repealed
  36. 19Division 19 Repealed
  37. Disclosures Repealed
  38. 20When an entity recognises revenue using the percentage of completion method for agreements that meet all the criteria in paragraph 14 of IAS 18 continuously as construction progresses (see paragraph 17 of the Interpretation), it shall disclose: Repealed
  39. 21For the agreements described in paragraph 20 that are in progress at the reporting date, the entity shall also disclose: Repealed
  40. AMENDMENTS TO THE APPENDIX TO IAS 18 Repealed
  41. 22-23Division 22-23 Repealed
  42. EFFECTIVE DATE AND TRANSITION Repealed
  43. 24Division 24 Repealed
  44. 25Division 25 Repealed

1F1

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2F1

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3F1

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Signature

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IFRIC INTERPRETATION 15Agreements for the Construction of Real EstateF1

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REFERENCESF1

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BACKGROUNDF1

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1F1

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2F1

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3F1

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SCOPEF1

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4F1

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5F1

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ISSUESF1

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6The Interpretation addresses two issues:F1

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CONSENSUSF1

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7F1

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8F1

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9F1

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Determining whether the agreement is within the scope of IAS 11 or IAS 18F1

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10F1

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11F1

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12F1

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Accounting for revenue from the construction of real estateF1

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The agreement is a construction contractF1

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13F1

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14F1

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The agreement is an agreement for the rendering of servicesF1

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15F1

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The agreement is an agreement for the sale of goodsF1

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16F1

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17F1

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18F1

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19F1

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DisclosuresF1

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20When an entity recognises revenue using the percentage of completion method for agreements that meet all the criteria in paragraph 14 of IAS 18 continuously as construction progresses (see paragraph 17 of the Interpretation), it shall disclose:F1

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21For the agreements described in paragraph 20 that are in progress at the reporting date, the entity shall also disclose:F1

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AMENDMENTS TO THE APPENDIX TO IAS 18F1

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22-23F1

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EFFECTIVE DATE AND TRANSITIONF1

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24F1

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25F1

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