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Deloitte comment letter on IASB ED/2015/6 "Clarifications to IFRS 15"

Published on: Oct 28, 2015

Deloitte Touche Tohmatsu Limited has responded to the International Accounting Standards Board's (IASB) Exposure Draft ED/2015/6 Clarifications to IFRS 15.

In our comment letter, we welcome the Board’s initiative in addressing a number of issues that were likely to cause significant practical difficulties in the application of IFRS 15 and support the proposed amendments.

We also urge the IASB and FASB to work together when updating the standard; however, when divergence occurs, to clearly explain that decision.

Please click to download the full comment letter below.

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