Constituents believe derecognition of modified financial assets needs to be addressed by the Board
Posted by mostafa on 16 March, 2016
No comments yet
This item was filled under Uncategorized
In November 2015, the IFRS Interpretations Committee discussed a potential project to clarify the requirements in IFRS 9 and IAS 39 regarding the derecognition of modified financial assets and tentatively decided not to add the project to its agenda. Comment letters on the tentative agenda decision show that constituents believe that not dealing with the problem is not an option.