Deloitte comment letter on tentative agenda decision on IAS 28 — Fund manager's assessment of significant influence

Published on: 30 Jan, 2017

We have commented on the IFRS Interpretations Committee's publication in the November 2016 IFRIC Update of the tentative decision not to take onto the Committee's agenda a request for clarification on how a fund manager determined to be acting as agent for the purposes of IFRS 10 assesses whether it has significant influence for the purposes of IAS 28.

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 are concerned that wording in the current tentative agenda decision could be misinterpreted and suggest a revision for clarification.

Download the full comment letter below.


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