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We comment on two IFRS Interpretations Committee tentative agenda decisions

  • Deloitte document (mid gray) Image

25 May 2021

We have published our comment letters on IFRS Interpretations Committee tentative agenda decisions related to IFRS 16 and IAS 32, as published in the March 2021 'IFRIC Update'.

More information about the issues is set out below:

Issue

Agenda decision supported?

More information

IFRS 16 — Non-refundable VAT on lease payments

Yes. However, we do not agree with the proposed wording of the agenda decision.

o    Deloitte comment letter

o    Committee discussion

IAS 32 — Warrants classified as financial liabilities on initial recognition

Yes

o    Deloitte comment letter

o    Committee discussion

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

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.