News

OIC comments on EFRAG draft endorsement advice on IASB Long-term Interests in Associates and Joint Ventures (Amendments to IAS 28)

The OIC comment letter on EFRAG draft endorsement advice on IASB Long-term Interests in Associates and Joint Ventures (Amendments to IAS 28) is now available. Please find the document herewith attached.

Commission Regulation (EU) No 2018/182 adopts Annual Improvements to International Financial Reporting Standards 2014-2016 Cycle

The Commission Regulation (EU) No 2018/182 of 7 February 2018, published in the Official Journal of the European Union L 34 on 8 February 2018, adopts “Annual Improvements to International Financial Reporting Standards 2014-2016 Cycle”, including amendments to IAS 28 Investments in Associates and Joint Ventures IFRS 1 First-time Adoption of International Financial Reporting Standards and IFRS 12...

IASB issues Plan Amendment, Curtailment or Settlement (Amendments to IAS 19)

The IASB has issued Plan Amendment, Curtailment or Settlement (Amendments to IAS 19) that specifies how companies determine pension expenses when changes to a defined benefit pension plan occur. The amendments are effective on or after 1 January 2019. For more information, please refer to the IASB...

OIC comments on IFRS Interpretations Committee tentative agenda decisions – November 2017

The OIC comment letter on IFRS Interpretation Committee tentative agenda decisions of November 2017 is now available. Please find the document herewith attached.

OIC issues amendments to accounting standards

L’OIC in data 23 dicembre 2016, in ottemperanza a quanto previsto dall’art. 12 del D.lgs. 18 agosto 2015, n. 139, ha provveduto ad aggiornare i principi contabili nazionali sulla base delle nuove disposizioni normative introdotte dal suddetto decreto. Sulla base dell’esperienza maturata dagli operatori durante la fase di prima applicazione degli OIC, è stata ravvisata la necessità di apportare alcuni...

OIC comments on EFRAG Discussion Paper Goodwill impairment test: can it be improved?

The OIC comment letter on EFRAG Discussion Paper Goodwill impairment test: can it be improved? is now available. Please find the document herewith attached.

OIC comments onn EFRAG draft comment letter on IASB ED Definition of Material – Proposed amendments to IAS 1 and IAS 8

The OIC comment letter on EFRAG draft comment letter on IASB ED Definition of Material – Proposed amendments to IAS 1 and IAS 8 is now available. Please find the document herewith attached.

IASB issues Annual Improvements to IFRS Standards 2015–2017 Cycle

The IASB has issued Annual Improvements to IFRS Standards 2015–2017 Cycle, which makes narrow-scope amendments to four IFRS Standards. The amendments made during the 2015–2017 cycle regard the IAS 12 Income Taxes, the IAS 23 Borrowing Costs, the IFRS 3 Business Combination and the IFRS 11 Joint Arrangements. The amendments are effective from 1 January 2019, with early application permitted. For more...