Comment period and redeliberations
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Draft Interpretations are made available for public comment for not less than 60 days. All comments received during the comment period are considered by the IFRIC before an Interpretation is finalised.
Comment letters are made publicly available unless confidentiality is requested by the commentator (supported by good reason such as commercial confidence). A staff summary and analysis of the comment letters are provided to the IFRIC.
The IFRIC reconsiders the conclusions in the draft Interpretation based on the comments received and detailed staff analysis.
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Related documents
- Download a sample draft Interpretation.
Download now [PDF, 228 KB] |
If the proposed Interpretation is changed significantly, the IFRIC will consider whether it should be re-exposed.
Re-exposure is not required automatically and will depend on the significance of the changes contemplated, whether they were raised in the Basis for Conclusions on the draft Interpretation or in questions posed by the IFRIC, their significance for practice and what might be learned by the IFRIC from re-exposure.
The IFRIC votes to confirm the consensus set out in the final Interpretation. A consensus is achieved when no more than four members have voted against the proposal.