We comment on a number of tentative agenda decisions of the IFRS Interpretations Committee

  • Deloitte Comment Letter Image

21 Jan 2014

We have published our comment letters on IFRS Interpretations Committee agenda decisions on IFRS 2, IFRS 10, IAS 8, IAS 17, IAS 39, and IFRIC 21, as published in the November IFRIC Update.

More information about the issues is set out below:

IssueMore information
IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors — Distinction between a change in an accounting policy and a change in an accounting estimate
IAS 17 Leases — Meaning of ‘incremental costs’
IAS 39 Financial Instruments: Recognition and Measurement — Accounting for term-structured repo transaction
IFRS 2 Share-based Payment — Price difference between the institutional offer price and the retail offer price for shares in an initial public offering
IFRS 10 Consolidated Financial Statements: Investment Entities Amendments — Definition of investment-related services or activities
IFRIC 21 Levies — Identification of a present obligation to pay a levy that is subject to a pro rata activity threshold as well as an annual activity threshold

You can access all our comment letters to the International Accounting Standards Board, IFRS Foundation, and IFRS Interpretations Committee here.

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