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Deloitte comment letter on tentative agenda decision on IFRS 5 — How to present intragroup transactions between continuing and discontinued operation

Published on: 30 Nov 2015

We have commented on the IFRS Interpretations Committee's publication in the September IFRIC Update of the tentative decision not to take onto the Committee’s agenda a request to clarify how to present intragroup transactions between continuing and discontinued operations.

We do not believe that the reference to IFRS 10 in the agenda decision is sufficient to prohibit an appropriate allocation of revenue and costs to eliminate anomalies. We believe that this issue is problematic and is in need of standard-setting activity for appropriate resolution. Therefore, we do not agree with the IFRS Interpretations Committee’s decision not to add this item onto its agenda.

Download the full comment letter below.


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