We encourage European support of IFRS 9
10 Nov 2009
In a Letter to the European Commission, Deloitte Touche Tohmatsu has recommended the endorsement of IFRS 9 Financial Instruments, relating to the classification and measurement of financial instruments, for use in the European Union.
We had previously made a similar recommendation to the European Financial Reporting Advisory Group supporting its draft endorsement advice to the Commission (see our News Story of 8 November).
Click to view our Letter to the European Commission (PDF 64k).