We comment on two IFRS Interpretations Committee tentative agenda decisions
20 Nov 2017
We have published our comment letters on IFRS Interpretations Committee tentative agenda decisions on IFRS 15 and IAS 28, as published in the September 2017 IFRIC Update.
More information about the issues is set out below:
Issue |
Agenda decision supported? |
More information |
---|---|---|
IFRS 15 — Revenue recognition in a real estate contract |
Yes, however, we recommend an amendment to the wording in the tentative agenda decision to highlight the distinction between control of an asset and of a right to sell or pledge that asset in the future. |
|
IAS 28 — Contributing property, plant and equipment to an associate |
Yes. |
Click to access all our comment letters to the IASB, IFRS Foundation, and IFRS Interpretations Committee.