This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Deloitte comment letter on tentative agenda decision on IFRS 5 - Classification in conjunction with a planned IPO, but where the prospectus has not been approved by the securities regulator

Published on: 28 Jul 2013

We have commented on the IFRS Interpretations Committee tentative decision not to add to its agenda a request for clarification of the classification of a non-current asset (or disposal group) as held for sale prior to regulatory approval of the prospectus for a planned disposal by means of an initial public offering (IPO).

We agree with the IFRS Interpretations Committee’s decision not to add this item onto its agenda for the reasons set out in the tentative agenda decision, but suggest that the agenda decision could also refer to the guidance in paragraph 7 of IFRS 5 Non-current Assets Held for Sale and Discontinued Operations.

Download the full comment letter below.


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.