IASB comment letters

PwC comments on the proposed deferral of the effective date of IFRS 15


PwC supports the proposed one-year deferral of the effective date of IFRS 15, Revenue from Contracts with Customers.

PwC comments on IASB's IAS 7 proposed amendment under disclosure initiative


In our letter, we explain our views on an entity’s financing activities and liquidity disclosures, and IFRS Taxonomy.

PwC comments on IASB's proposed amendments to share-based payment standard


In our letter, we explain our views on net settled awards, measurement of cash settled awards, and transition guidance.

PwC comments on proposals for measuring quoted investments at fair value


PwC agrees that the unit of account should be the investment as a whole.

PwC comments on the IASB's discussion paper on rate regulation


PwC supports the IASB's going forward with a project on reporting the financial effects of rate regulation.

PwC Comments on IFRS IC tentative agenda decision: IFRIC 21 - Levies


PwC agrees with the Committee's decision not to take this item onto its agenda.

PwC comments on the IASB's discussion paper on accounting for macro hedging


PwC does not support an accounting model with a scope focused on Dynamic Risk Management as explored in the IASB paper.

PwC comments on IFRS Interpretations Committee's tentative agenda decision: IFRS 2–Share-based Payment


In this comment letter, we respond to the boards tentative agenda decision: IFRS 2, Share-based payment – price difference between the institutional offer price and the retail offer price for shares in an initial public offering. We support the committee’s decision not to take this question onto the agenda but not for the reasons given. We are concerned that the reasons given for the agenda decision will increase diversity in practice regarding the application of IFRS 2 paragraph 13A and may also lead to diversity in the application of IFRS 13.

PwC comments on the IASB's proposed amendments to IAS 27 to allow equity method accounting


In this comment letter, we do not object to the board’s proposal to restore the use of the equity method as one of the options to account for investments in subsidiaries, joint ventures and associates in an entity’s separate financial statements. However, we do not support the requirement for retrospective application of the exposure draft nor the proposed consequential amendment to IAS 28, Investments in Associates and Joint Ventures.

PwC comments on the IASB deferred tax assets for unrealized losses proposal


PwC is concerned that the proposed amendments are too detailed and introduce new complexity to a straightforward issue.