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We comment on a number of tentative agenda decisions of the IFRS Interpretations Committee

  • Deloitte document (mid gray) Image

19 Jan 2016

We have published our comment letters on IFRS Interpretations Committee agenda decisions on IAS 16, IAS 20, IAS 32, IAS 26, and IFRS 9, as published in the November 2015 IFRIC Update.

More information about the issues is set out below:

IssueAgenda decision supported?More information
IAS 16 Property, Plant and Equipment and IAS 38 Intangible Assets — Variable payments for asset purchases no
IAS 20 Accounting for Government Grants and Disclosure of Government Assistance — Accounting for recoverable cash payments yes
IAS 32 Financial Instruments: Presentation — Offsetting and cash pooling yes
IAS 36 Impairment of Assets — Recoverable amount and carrying amount of a cash-generating unit yes
IFRS 9 Financial Instruments — Determining hedge effectiveness for net investment hedges yes
IFRS 9 Financial Instruments and IAS 39 Financial Instruments: Recognition and Measurement — Derecognition of modified financial assets no

You can access all our comment letters to the IASB, IFRS Foundation, and IFRS Interpretations Committee 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.