We disagree with three IFRIC draft agenda decisions
13 Feb, 2010
In letters to the International Financial Reporting Interpretations Committee, Deloitte Touche Tohmatsu has disagreed with the IFRIC's tentative decisions, in January 2010, not to take onto the IFRIC's agenda three requests for an interpretation, as follows:
- IAS 21 – Determination of functional currency of an investment company holding (PDF 30k)
- IAS 32 – Shareholder discretion (PDF 28k)
- IAS 39 – Unit of account for forward contracts with volumetric optionality (PDF 29k)