News

OIC comments on EFRAG draft endorsement advice on IASB Novation of Derivatives and Continuation of Hedge Accounting (Amendments to IAS 39)

The OIC comment letter on EFRAG draft endorsement advice on IASB Novation of Derivatives and Continuation of Hedge Accounting (Amendments to IAS 39) is now available. Please find the document herewith attached.

OIC comments on IASB ED Financial Instruments: Impairment

The OIC comment letter on the IASB ED Financial Instruments: Impairment is now available. Please find the document herewith attached.

OIC comments on European Commission Green Paper: Long-Term Financing of the European Economy

The OIC comment letter on the European Commission Green Paper Long-Term Financing of the European Economy is now available. Please find the document herewith attached.

OIC and the National Standard Setters of France, Germany and the UK jointly with EFRAG publish two Bulletins in relation to the revision of the IFRS Conceptual Framework

The national standard setters of France, Germany, Italy and the UK jointly with EFRAG have published two further Bulletins to promote discussion, and to ensure that European views are influential in the debate on the IFRS Conceptual Framework. The two new Bulletins are: - The role of the business model in financial reporting. This Bulletin considers whether financial reporting based on the business model notion...

OIC comments on EFRAG draft comment letter on IASB ED Defined Benefit Plans: Employee Contributions

The OIC comment letter on EFRAG draft comment letter on IASB ED Defined Benefit Plans: Employee Contributions is now available. Please find the document herewith attached.

IASB issues Novation of Derivatives and Continuation of Hedge Accounting (Amendments to IAS 39)

The IASB published narrow-scope amendments to IAS 39 Financial Instruments: Recognition and Measurement entitled Novation of Derivatives and Continuation of Hedge Accounting (Amendments to IAS 39). Please find the press release herewith attached.

IASB publishes Guide for Micro-sized Entities Applying the IFRS for SMEs (2009 edition)

The IASB issued guidance to help micro-sized entities apply the IFRS for Small and Medium-sized Entities (IFRS for SMEs). Please find the press release herewith attached.

IASB issues ED Agriculture: Bearer Plants (Proposed Amendments to IAS 16 and IAS 41)

The IASB published for public comment an Exposure Draft of proposals to include bearer plants within the scope of IAS 16 Property, Plant and Equipment. The proposals are open for comment until 28 October 2013.