Deloitte comment letter on tentative agenda decision on IAS 1 — Disclosure requirements relating to assessment of going concern
We have commented on the IFRS Interpretations Committee tentative decision not to take onto the Committee’s agenda a request for clarification about the disclosures required in relation to material uncertainties related to events or conditions that may cast significant doubt upon the entity’s ability to continue as a going concern.
We welcome the Committee’s clarification that disclosure of a significant judgement over an entity’s ability to continue as a going concern would provide valuable information to users.
Download the full comment letter below.