Deloitte comments on proposed IFRIC due process
30 Sep 2006
Deloitte has submitted to the Trustees of the IASC Foundation our comments on the (PDF 112k).
We generally support the approach outlined in the Draft Handbook and think it would be a useful document in explaining the approach used to interpret Standards adopted by the IASB. Further, we are pleased to observe that the Draft Handbook addresses concerns raised in our comment letter on the IFRIC–Review of Operations consultation. However we do draw attention to our principal comments on the IFRIC Agenda Committee procedures under Question 1 as well as the concerns addressed under Question 3 on the consultative process for issues not added to the IFRIC agenda. |