Deloitte comment letter on tentative agenda decision on IAS 20 — Recoverable cash payments
We have commented on the IFRS Interpretations Committee's publication in the November IFRIC Update of the tentative decision not to take onto the Committee's agenda a request for clarification of whether a cash payment made by government to fund a research project that is repayable only if the entity decides to commercialise the project's output should be characterised as a financial liability or a government grant.
Download the full comment letter below.