Deloitte comment letter on tentative agenda decision on IFRS 11 — Remeasurement of previously held interests: Various transactions

Published on: 30 Nov 2015

We have commented on the IFRS Interpretations Committee's publication in the September IFRIC Update of the tentative decision not to take onto the Committee’s agenda the question of whether previously held interests in the assets and liabilities of a joint operation should be remeasured in certain transactions when the asset or group of assets involved in such transactions do not meet the definition of a business in accordance with IFRS 3 Business Combinations.

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.

Download the full comment letter below.

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