Deloitte comment letter on ED 4 'Disposal of Non-current Assets and Presentation of Discontinued Operations'
Published on:
Oct 24, 2003
Overall, we support the proposals in the Exposure Draft and commend the Board for its efforts to converge standards globally. We believe that ED 4 is consistent with the Board’s objective to converge topics around high quality solutions. We support the smaller size for separate disclosure of discontinued operations and the additional information provided and believe the proposals to be an improvement over the existing requirements in IAS 35 Discontinuing Operations.
