We comment on a number of tentative agenda decisions of the IFRS Interpretations Committee
31 Jul 2013
We have published our comment letters on IFRS Interpretations Committee agenda decisions on IFRS 5, IFRS 10 and IAS 32, as published in the May IFRIC Update. In each case, we agree with the Committee's decision not to add the issue to their agenda, but in some cases have suggestions for improvement on how the agenda decision could be worded.
More information about the issues is set out below:
Issue | More information |
---|---|
IFRS 5 Non-current Assets Held for Sale and Discontinued Operations — Classification in conjunction with a planned IPO, but where the prospectus has not been approved by the securities regulator | |
IFRS 10 Consolidated Financial Statements — Effect of protective rights on an assessment of control | |
IAS 32 Financial Instruments: Presentation — Classification of financial instruments that give the issuer the contractual right to choose the form of settlement |
You can access all our comment letters to the International Accounting Standards Board, IFRS Foundation, and IFRS Interpretations Committee here.