This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Deloitte letter of comment on IFRIC D5

  • Deloitte Comment Letter Image

14 May 2004

We have posted Deloitte's Applying IAS 29 Financial Reporting in Hyperinflationary Economies for the First Time.

We concur with the consensus reached on the three issues dealt with by the Draft Interpretation. Regarding the issue of how an entity should account for opening deferred tax, we believe IFRIC should consider whether a portion of the restatement of a comparative period should be reflected as part of the net monetary adjustment as opposed to the tax line. You will find all Past Deloitte Letters to IASB here.

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.