4. January 2016
Today, the ASCG has submitted its comment letter regarding the ED/2015/9 Transfer of Investment Property to the IASB as well as to EFRAG. In its comment letter, the ASCG agrees with the proposed amendment as well as with a retrospective application. Though, it is noted that this amendment would have deserved being included in the current AIP cycle, as there is no urgency for having this amendment processed on a stand-alone basis. (comment letter to IASB/ to EFRAG).