Deloitte comment letter on tentative agenda decision on IAS 23 — Over time transfer of constructed good

Published on: 07 Mar, 2019

We have commented on the IFRS In­ter­pre­ta­tions Committee's pub­li­ca­tion in the November 2018 IFRIC Update of the tentative decision not to take onto the Committee's agenda the request for clarification on whether construction of a property for sale under terms that will qualify for recognition of revenue over time results in the entity having a qualifying asset into which directly attributable borrowing costs are capitalised.

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.

Download the full comment letter below.

Download

Deloitte comment letter on tentative agenda decision on IAS 23 — Over time transfer of constructed good Image

Related Topics

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.