Deloitte comment letter on the IASB's removal of fixed dates exposure draft
25 Oct, 2010
Deloitte's IFRS Global Office has submitted a letter of comment to the IASB on exposure draft ED/2010/10 Removal of Fixed Dates for First-time Adopters.
The proposal would amend IFRS 1 by replacing references to a fixed transition date of 1 January 2004' with the date of transition to IFRSs'.
We agree with the Board's proposal and its justification articulated in the Basis for Conclusion.
Click for:
- Complete letter of comment to IASB (PDF 10k)
- Our replacement of fixed dates project page
- Summary of ED/2010/10