News

Commission Regulation (EU) No 1375/2013 adopts Novation of Derivatives and Continuation of Hedge Accounting (Amendments to IAS 39)

The Commission Regulation (EU) No 1375/2013 of 19 December 2013, published in the Official Journal of the European Union L 346 on 20 December 2013, adopts Novation of Derivatives and Continuation of Hedge Accounting (Amendments to IAS 39 Financial Instruments: Recognition and Measurement). The objective of the amendments is to provide relief in situations where a derivative, which has been designated as a hedging...

Commission Regulation (EU) No 1374/2013 adopts Recoverable Amount Disclosures for Non-Financial Assets (Amendments to IAS 36)

The Commission Regulation (EU) No 1374/2013 of 19 December 2013, published in the Official Journal of the European Union L 346 on 20 December 2013, adopts Recoverable Amount Disclosures for Non-Financial Assets (Amendments to IAS 36 Impairment of Assets). The objective of the amendments is to clarify that the scope of the disclosures of information about the recoverable amount of assets, where that amount is based...

IASB concludes 2010–2012 & 2011–2013 Annual Improvements Cycles

The IASB issued Annual Improvements to IFRSs 2010–2012 Cycle and Annual Improvements to IFRSs 2011–2013 Cycle. Please find herewith attached the press release.

IASB issues the ED Annual Improvements to IFRSs 2012-2014 Cycle

The IASB published for public comment an Exposure Draft of five proposed amendments to four IFRSs under its annual improvements project. The ED Annual Improvements to IFRSs 2012-2014 Cycle is open for comments until 13 March...

Draft OIC 12 Composition and Prospects of Financial Statement issued for public comments

We are pleased to inform you about the launch of the consultation on the draft of the national accounting standard OIC 12 Composition and Prospects of Financial Statement, as part of the project of their updating. The OIC aims to improve the structure of national accounting standards in order to make them easier to read and at the same time to facilitate updates and amendments that will be necessary in the...

IASB issues the ED Equity Method in Separate Financial Statements (Proposed amendments to IAS 27)

The IASB published for public comment Exposure Draft: Equity Method in Separate Financial Statements (Proposed amendments to IAS 27). The proposed amendments to IAS 27 would allow entities to use the equity method to account for investments in subsidiaries, joint ventures and associates in their separate (parent only) financial statements. The ED is open for comments until 3 February...

Pubblicata in consultazione la bozza dell’OIC 9 Svalutazioni per perdite durevoli di valore delle immobilizzazioni materiali e immateriali

Si comunica l’avvio della consultazione sulla bozza di Principio contabile OIC 9 Svalutazioni per perdite durevoli di valore delle immobilizzazioni materiali e immateriali. Onde facilitare l’analisi del documento e stimolare le osservazioni, la bozza del Principio contabile è accompagnata da un documento che ne descrive gli aspetti salienti Per scaricare le bozza in consultazione si rinvia alla pagina del...

Newsletter OIC – September and October 2013

Si pubblicano le newsletter relative ai mesi di settembre e ottobre 2013. L’obiettivo è di informare sulle principali novità che attengono alla materia contabile. Per agevolare la lettura, il documento si presenta articolato in diverse sezioni, identificate in rosso. All’interno di ciascuna sezione si distinguono paragrafi e sottoparagrafi. Al fine di consentire a chi fosse interessato un approfondimento,...