Deloitte comment letter on tentative agenda decision on IFRS 16 — Subsurface rights

Published on: 15 May 2019

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 Standard applicable (IFRS 16, IAS 38 or another Standard) in accounting for a contract for subsurface rights.

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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