Deloitte comment letter on tentative agenda decision on IAS 16 — Disclosure of carrying amounts under the cost model

Published on: 07 Apr, 2014

We have commented on the IFRS Interpretations Committee tentative decision not to take onto the Committee’s agenda a request for clarification of whether an entity is required to reflect the capitalisation of borrowing costs in disclosing the carrying amount that would have been recognised had property, plant and equipment stated at revalued amounts been carried under the cost model.

We agree with the IFRS Interpretations Committee’s decision not to add this item onto its agenda for the reasons set out in the tentative agenda decision.

Download the full comment letter below.


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.