PwC generally supports the revisions to the IASB's conceptual framework, but suggests some clarifications.
PwC believes that the agenda decision goes beyond clarifying or explaining the requirements of IFRS 5.
PwC agrees with the Committee’s conclusion that this item should not be taken onto its agenda.
PwC supports the proposed one-year deferral of the effective date of IFRS 15, Revenue from Contracts with Customers.
In our letter, we explain our views on an entity’s financing activities and liquidity disclosures, and IFRS Taxonomy.
In our letter, we explain our views on net settled awards, measurement of cash settled awards, and transition guidance.
PwC agrees that the unit of account should be the investment as a whole.
PwC supports the IASB's going forward with a project on reporting the financial effects of rate regulation.
PwC agrees with the Committee's decision not to take this item onto its agenda.
PwC does not support an accounting model with a scope focused on Dynamic Risk Management as explored in the IASB paper.