Deloitte comments on technical corrections proposal

  • Deloitte Comment Letter Image

30 Sep 2005

Deloitte has submitted its (PDF 12k).

In general, we favour having a 'fast-track' process to deal with issues for which the words in a standard do not properly convey the Board's intentions. We recommend that additional guidance be provided so that issues that require considerable time and thought are not treated as 'technical corrections', and we express concern about the likely time it will take for processing the corrections and what the appropriate accounting should be in the meantime. Here is IASB's Proposed Technical Corrections Policy (PDF 39k).

Correction list for hyphenation

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