Deloitte comment letter on tentative agenda decision on SPACs and the accounting for warrants at acquisition

Published on: 25 May 2022

We have commented on the IFRS Interpretations Committee's publication in the March 2022 IFRIC Update of the tentative agenda decision not to take onto the Committee’s agenda the request for clarification on how an entity accounts for warrants as part of the acquisition of a special purpose acquisition company (SPAC).

We agree with the IFRS Interpretations Committee’s decision not to add this item onto its agenda. However, we believe that some aspects of the analysis may require further consideration before the agenda decision is finalised.


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