Deloitte comment letter on tentative agenda decision on IFRS 15 — Costs to fulfil a contract
We have commented on the IFRS Interpretations Committee's publication in the March 2019 IFRIC Update of the tentative decision not to take onto the Committee's agenda the request for clarification on the recognition of costs incurred to fulfil a contract as an entity satisfies a performance obligation in the contract over time.
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.