News

OIC comments on IFRS Interpretation Committee Tentative agenda decisions – March 2019

The OIC comment letter on IFRS Interpretation Committee tentative agenda decisions of March 2019 is now available. Please find the document herewith attached.

IASB proposes annual improvements to IFRS Standards

IASB has published proposed narrow-scope amendments to four IFRS Standards as part of its maintenance and improvements of the Standards. The four proposed amendments regard: IFRS 1 First-time Adoption of International Financial Reporting Standards, IFRS 9 Financial Instruments, Illustrative Examples accompanying IFRS 16 Leases and IAS 41 Agriculture. The comment deadline is 20 August...

OIC comments on IASB ED Onerous Contracts – Cost of Fulfilling a Contract (Proposed Amendments to IAS 37)

The OIC comment letter on IASB Exposure Draft Onerous Contracts – Cost of Fulfilling a Contract (Proposed Amendments to IAS 37) is now available. Please find the document herewith attached.

IASB proposes amendments to IFRS standards on financial instruments

The IASB has published for public comment proposed changes to the old and new financial instruments Standards, IAS 39 and IFRS 9, in light of the reform of interest rate benchmarks such as interbank offer rates (IBORs). The comment deadline on the ED Interest Rate Benchmark Reform is 17 June 2019.

IFRS Foundation consults on proposed amendments to its Due Process Handbook

The Trustees of the IFRS Foundation are inviting stakeholder comment on proposed amendments to its Due Process Handbook. The main proposed changes are to: - update the procedures relating to the use of effects analysis—assessing the likely effects of a new or amended IFRS Standard—to ensure that they are consistent with current activities and make it clear that such analyses take place at all stages of the...

OIC pubblica documenti interpretativi in tema di valutazione di titoli non immobilizzati e rivalutazione dei beni d’impresa

Il Consiglio di Gestione dell’OIC ha approvato in via definitiva i seguenti documenti: - Interpretativo n. 4: Decreto Legge 23 ottobre 2018, n.119 (convertito con Legge 17 dicembre 2018, n. 136). Aspetti contabili relativi alla valutazione dei titoli non immobilizzati Tale documento si applica ai bilanci relativi all’esercizio in corso alla data di entrata in vigore del Decreto Legge 119/2018 convertito con...

Reminder: Consultazione sul Discussion Paper Ricavi

Il 12 febbraio 2019 l’OIC ha pubblicato in consultazione il Discussion Paper Ricavi. Si prega di inviare commenti entro il 30 giugno 2019 all’indirizzo e-mail staffoic@fondazioneoic.it oppure cliccando qui

Commission Regulation (EU) No 2019/412 adopts “Annual Improvements to International Financial Reporting Standards 2015-2017 Cycle”

The Commission Regulation (EU) No 2019/412 of 14 March 2019, published in the Official Journal of the European Union L 73 on 15 March 2019, adopts “Annual Improvements to International Financial Reporting Standards 2015-2017 Cycle” that amends IAS 12 Income Taxes, IAS 23 Borrowing Costs, IFRS 3 Business Combinations and IFRS 11 Joint Arrangements. Each company shall apply the amendments, at the latest, as from...