Deloitte comment letter on tentative agenda decision on IFRS 5 — Various IFRS 5-related issues

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 number of issues relating to the application of IFRS 5 Non-current Assets Held for Sale and Discontinued Operations requirements over a number of its meetings.

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 but note that the number and variety of issues raised provide clear evidence that standard-setting activity is required on a number of elements of IFRS 5 including the issues dealt with in this agenda decision and the clarification of the presententation of intragroup transactions between continuing and discontinued operations dealt with in a separate agenda decision.

Download the full comment letter below.


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