We comment on two IFRS Interpretations Committee tentative agenda decisions
14 Apr 2021
We have published our comment letters on IFRS Interpretations Committee tentative agenda decisions related to IAS 2 and IAS 10, as published in the February 2021 IFRIC Update.
More information about the issues is set out below:
Issue |
Agenda decision supported? |
More information |
---|---|---|
IAS 2 — Costs Necessary to Sell Inventories |
We do not agree with the IFRS Interpretations Committee’s decision not to add this item onto its agenda as we do not agree with the conclusion that has been reached in the agenda decision, both on technical and practical grounds. |
|
IAS 10 — Preparation of Financial Statements when an Entity is No Longer a Going Concern |
Yes |
Click to access all our comment letters to the IASB, IFRS Foundation, and IFRS Interpretations Committee.