News

EFRAG publishes its response to 2015 IASB Agenda Consultation

EFRAG has published its final comment letter in response to the Request for Views of August 2015 IASB Agenda Consultation discussing the main priorities for the IASB’s work plan.

IASB issues IFRS 16 Leases

The IASB issued a new accounting Standard, called IFRS 16 Leases. It replaces IAS 17. IFRS 16 is effective 1 January 2019. Early application is permitted for companies that also apply IFRS 15 Revenue from Contracts with Customers. For further information, please refer to IASB...

EFRAG has published its draft comment letter on the IASB ED Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts

EFRAG has published its draft comment letter on the IASB’s ED Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts and seeks constituents’ views on the proposals. Comments on the draft comment letter are requested by 20 January...

Commission Regulation (EU) No 2015/2441 adopts Equity Method in Separate Financial Statements (Amendments to IAS 27)

The Commission Regulation (EU) No 2015/2441 of 18 December 2015, published in the Official Journal of the European Union L 336 on 23 December 2015, adopts Amendments to IAS 27 Separate Financial Statements entitled Equity Method in Separate Financial Statements. The objective of the Amendments is to permit entities to use the equity method, as described in IAS 28 Investments in Associates and Joint Ventures, to...

EFRAG has published its comment letters on the IASB Exposure Drafts on the Conceptual Framework for Financial Reporting

EFRAG has submitted its comment letters on the IASB ED Conceptual Framework for Financial Reporting and ED Updating References to the Conceptual...

OIC comments on the IFRS Foundation Request for Views Trustees’ Review of structure and Effectiveness: Issues for the Review

The OIC comment letter on the IFRS Foundation Request for Views Trustees’ Review of structure and Effectiveness: Issues for the Review is now available. Please find the document herewith attached.

EFRAG publishes its response to the Trustees’ Review of Structure and Effectiveness

EFRAG has published its response to the Request for Views Trustees’ Review of Structure and Effectiveness: Issues for Review and the related feedback statement addressing the comment letters EFRAG...

Feedback statement for the Joint Outreach Event on the Conceptual Framework and on Materiality in Rome

EFRAG and the OIC have published a feedback statement of their joint outreach event on the IASB Exposure Drafts Conceptual Framework for Financial Reporting and IFRS Practice Statement: Application of Materiality to Financial Statements. The joint outreach event was held in cooperation with the IASB and took place on 30 November 2015 in...