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Concerns about IFRIC D2 on decommissioning liabilities

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03 Nov 2003

The Deloitte letter of comment on IFRIC Draft Interpretation D2, Changes in Decommissioning, Restoration and Similar Liabilities, agrees that guidance is needed but concludes that the proposal is not the most appropriate interpretation of IFRS.

In our view, IFRS should be interpreted differently to achieve a conceptually better and more operable approach that at the same time converges with US GAAP. Click to the Deloitte letter of comment on IFRIC D2 (PDF 74k).

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