News

EFRAG publishes its response to Draft IFRIC Interpretation Uncertainty over Income Tax Treatments

EFRAG has issued its Comment Letter on the Draft IFRIC Interpretation Uncertainty over Income Tax Treatments.

OIC comments on EFRAG Draft Comment Letter on Invitation to comment IFRS Taxonomy Due Process

The OIC comment letter on EFRAG draft comment letter on Invitation to comment IFRS Taxonomy Due Process is now available. Please find the document herewith attached.

IASB issues Amendments to IAS 7 Disclosure Initiative

The IASB issued Amendments to IAS 7 Statement of Cash Flows: Disclosure Initiative. The IAS 7 amendments become mandatory for annual periods beginning on or after 1 January 2017.

OIC comments on EFRAG draft comment letter su IASB ED Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts

The OIC comment letter on EFRAG draft comment letter on IASB ED Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts is now available. Please find the document herewith attached.  

OIC comments on the IASB ED Conceptual Framework for Financial Reporting

The OIC comment letter on IASB ED Conceptual Framework for Financial Reporting is now available. Please find the document herewith attached.

OIC comments on EFRAG Draft Comment Letters on IFRIC Draft Interpretations

The OIC comment letters on EFRAG draft comment letters on IFRIC Draft Interpretations: - Foreign Currency Transactions and Advance Consideration - Uncertainty over Income Tax Treatments are available. Please find the documents herewith attached.

OIC comments on the EFRAG 2015 Proactive Agenda Consultation

The OIC comment letter on EFRAG 2015 Proactive Agenda Consultation is now available. Please find the document herewith attached.

IASB issues Recognition of Deferred Tax Assets for Unrealised Losses (Amendments to IAS 12)

The IASB issued amendments to IAS 12 Income Taxes. The amendments, Recognition of Deferred Tax Assets for Unrealised Losses (Amendments to IAS 12), clarify how to account for deferred tax assets related to debt instruments measured at fair value. Entities are required to apply the amendments for annual periods beginning on or after 1 January 2017. Earlier application is permitted. For further information, please...