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24 November 2006 — Consultation Response

IFRIC Draft interpretation D20 Customer Loyalty Programmes

FEE is pleased to submit views on the IFRIC Draft interpretation D20. We welcome IFRIC’s efforts to provide guidance on how to account for Customer Loyalty Programmes and to address how entities should recognise the measure their obligations to provided free or discounted goods and servces when customers redeem the credits.

Related files:
Comment Letter to Mr. Robert Garnett, Chairman of IFRIC