We comment on three IFRS Interpretations Committee tentative agenda decisions

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29 Jan 2018

We have published our comment letters on IFRS Interpretations Committee tentative agenda decisions related to IFRS 15 and IFRS 9, as published in the November 2017 IFRIC Update.

More in­for­ma­tion about the issues is set out below:


Agenda decision supported?

More in­for­ma­tion

IFRS 9 — Presentation of interest revenue for particular financial instruments 


IFRS 15 — Right to payment for performance completed to date

Yes; however, we recommend the analysis in the tentative agenda decision be expanded to specify that the entity is not acting as agent for its customer in any future resale of the unit to a third party. 

IFRS 15 — Revenue recognition in a real estate contract that includes the transfer of land

Yes; however, we recommend a change to the wording related to ‘transformative relationship’. 

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

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