News

OIC comments on EFRAG draft comment letter on IASB ED Classification and Measurement: Limited Amendments to IFRS 9

The OIC comment letter on EFRAG draft comment letter on IASB ED Classification and Measurement: Limited Amendments to IFRS 9 is now available. Please find the document herewith attached.

XBRL Italia issues for public comment the taxonomy for the notes

XBRL Italia has published for public comment the draft of the taxonomy for the notes to the individual financial statements. Comments should be sent by 30 June 2013. For further information, please refer to the XBRL Italia website.

Commission Regulation (EU) No 301/2013 adopts the Annual Improvements to IFRS – 2009-2011 Cycle

The Commission Regulation (EU) No 301/2013 of 27 March 2013, published in the Official Journal of the European Union L 90 on 28 March 2013, adopts the Annual Improvements to International Financial Reporting Standards, 2009-2011 Cycle. The objective of the improvements is to address non-urgent, but necessary issues discussed by the IASB during the project cycle that began in 2009 on areas of inconsistency in...

IASB issues Request for Information on Rate Regulation

The IASB has issued a Request for Information as an early step in its reactivated Rate-regulated Activities research project. The objective of the Request for Information is to identify a range of rate-regulatory schemes to help determine the scope of the research project. The deadline for responses is 30 May 2013. Please find the press release herewith...

IASB issues ED Defined Benefit Plans: Employee Contributions – Proposed Amendments to IAS 19 Employee Benefits

The IASB published for public comment an Exposure Draft Defined Benefit Plans: Employee Contributions – Proposed Amendments to IAS 19 Employee Benefits. The document will be open for comment until 25 July 2013. Please find the press release herewith...

Second issue of the Conceptual Framework newsletter

EFRAG, ANC, ASCG, FRC and OIC have released the second issue of their Conceptual Framework newsletter. It summarises some of the tentative decisionsreached at the February 2013 IASB meeting regardingthe content of the forthcoming Discussion Paper.

IASB issues ED Financial Instruments: Expected Credit Losses

The IASB published for public comment a revised set of proposals for the impairment of financial instruments: the Exposure Draft Financial Instruments: Expected Credit Losses. The document will be open for comment until 5 July 2013. Please find the press release herewith...

Commission Regulation (EU) No 183/2013 adopts Amendments to IFRS 1 Government Loans

The Commission Regulation (EU) No 183/2013 of 4 March 2013, published in the Official Journal of the European Union L 61 on 5 March 2013, adopts the amendments to IFRS 1 First-time Adoption of International Financial Reporting Standards – Government Loans. The amendments to IFRS 1 deal with loans received from governments at a below market rate of interest and their objective is to give first-time adopters of...