This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

We comment on a number of tentative agenda decisions of the IFRS Interpretations Committee

  • Deloitte document (mid gray) Image

30 Nov 2015

We have published our comment letters on IFRS Interpretations Committee agenda decisions on IAS 32, IAS 39, IFRS 5, IFRS 9, and IFRS 11, as published in the September 2015 IFRIC Update.

More information about the issues is set out below:

IssueAgenda decision supported?More information
IAS 32 Financial Instruments: Presentation — Classification of the liability for a prepaid card in the issuer’s financial statements yes
IAS 39 Financial Instruments: Recognition and Measurement — Separation of an embedded interest rate floor from a floating rate host contract in a negative interest rate environment yes
IFRS 5 Non-current Assets Held for Sale and Discontinued Operations — To what extent can an impairment loss be allocated to non-current assets within a disposal group? yes
IFRS 5 Non-current Assets Held for Sale and Discontinued Operations — How to present intragroup transactions between continuing and discontinued operation no
IFRS 5 Non-current Assets Held for Sale and Discontinued Operations — Various IFRS 5-related issues yes
IFRS 9 Financial Instruments — Transition for hedge accounting yes
IFRS 11 Joint Arrangements — Remeasurement of previously held interests: Various transactions yes

You can access all our comment letters to the IASB, IFRS Foundation, and IFRS Interpretations Committee here.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.