We comment on three IFRS Interpretations Committee tentative agenda decisions
09 May 2018
We have published our comment letters on IFRS Interpretations Committee tentative agenda decisions related to IAS 7 and IFRS 9, as published in the March 2018 IFRIC Update.
More information about the issues is set out below:
Issue |
Agenda decision supported? |
More information |
---|---|---|
IAS 7 — Classification of short-term loans and credit facilities |
Yes |
|
IFRS 9 — Classification of a particular type of dual currency bond |
Yes; however, we are concerned that a statement only that “the financial instrument described in the request is not common” provides no guidance to preparers of financial statements and could give rise to divergence in practice |
|
IFRS 9 — Hedge accounting with load following swaps |
Yes; however, we are concerned that a statement only that “the financial instrument described in the request is not common” provides no guidance to preparers of financial statements and could give rise to divergence in practice |
Click to access all our comment letters to the IASB, IFRS Foundation, and IFRS Interpretations Committee.