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We comment on proposed IFRIC 9 amendment

  • Deloitte Comment Letter Image

23 Jan 2009

Deloitte has submitted a Letter of Comment on the IASB's exposure draft of Embedded Derivatives – Proposed amendments to IFRIC 9 and IAS 39.

We are supportive of the proposed amendments.

We believe however, that the interaction between the amended IAS 39.12 and the retained IAS 39.13 should be clarified. Specifically, it should be clearer whether an entity may reclassify a financial asset even though it cannot reliably measure the embedded derivative but can reliably measure the entire financial instrument and the financial host contract.

Click for: Letter of Comment (PDF 117k)
All of our past letters of comment are Here.


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