Deloitte comment letter on tentative agenda decision on IAS 19 — Discount rate in a country that has adopted another country’s currency

Published on: 23 May, 2017

We have commented on the IFRS Interpretations Committee's publication in the March 2017 IFRIC Update of the tentative decision not to take onto the Committee's agenda the request for clarification on the determination of a rate to discount post-employment benefit obligations in a country that has adopted another country’s currency as its official or legal currency.

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, however we suggest several amendments in the attached letter that we think could help make the tentative agenda decision clearer.

Download the full comment letter below.


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