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Deloitte comment letter on IASB ED/2015/1 — Classification of Liabilities

Published on: Jun 10, 2015

Deloitte's IFRS Global Office has responded to the IASB's exposure draft ED/2015/1, Classification of Liabilities. The amendments aim at a more general approach to the classification of liabilities under IAS 1 based on the contractual arrangements in place at the reporting date.

In its comment letter, Deloitte's IFRS Global Office welcomes the Board's initiative in addressing an area of accounting that often presents issues in practice. However, the amendments only address a limited number of issues that arise in this context. Therefore, Deloitte's IFRS Global Office believes that the Board should consider this issue more fully as part of the disclosure initiative.

Please click to download the full comment letter below.


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