News

EFRAG/FRC issue the Position Paper Considering the Effects of Accounting Standards

The EFRAG and the Accounting Standards Board (the ASB) of the FRC have today published the Position Paper ‘Considering the Effects of Accounting Standards’ and the related Feedback Statement. The Position Paper has been developed as part of EFRAG’s proactive agenda to contribute to improving the way in which accounting standard setters develop and implement standards throughout their due process, from start...

Pubblicata newsletter internazionale di maggio

L’OIC ha deciso di pubblicare con cadenza mensile un documento di aggiornamento sull’attività internazionale, che informi circa le novità che attengono alla materia contabile sulle quali è attivo un dibattito in tutti quei consessi internazionali ai quali l’OIC partecipa costantemente. Il documento pubblicato è predisposto dallo Staff dell’OIC e non approvato dagli Organi tecnici...

IASB issues Transition Guidance (Amendments to IFRS 10, IFRS 11 and IFRS 12)

The IASB has today issued Consolidated Financial Statements, Joint Arrangements and Disclosure of Interests in Other Entities: Transition Guidance (Amendments to IFRS 10, IFRS 11 and IFRS 12). The amendments clarify the transition guidance in IFRS 10 Consolidated Financial Statements. The effective date of the amendments is annual periods beginning on or after 1 January 2013, which is aligned with the effective...

Commission Regulation (EU) No 475/2012 adopts Amendments to IAS 1 and IAS 19

The Commission Regulation (EU) No 475/2012 of 5 June 2012, published in the Official Journal of the European Union L 146 on 6 June 2012, adopts Amendments to IAS 1 Presentation of Items of Other Comprehensive Income and to IAS 19 Employee Benefits. The objective of the amendments to IAS 1 is to make the presentation of the increasing number of items of other comprehensive income clearer, and to assist the users of...

IFRS Interpretation Committe issues two draft interpretations for public comments

On 31 May, the IFRS Interpretation Committee has published the following draft interpretations: - DI/2012/1 Levies Charged by Public Authorities on Entities that Operate in a Specific Market, open for public comment until 5 September 2012; - DI/2012/2 Put Options Written on Non-controlling Interests, open for public comment until 1° October 2012. Please find the press releases...

Pubblicata newsletter internazionale di aprile

L’OIC ha deciso di pubblicare con cadenza mensile un documento di aggiornamento sull’attività internazionale, che informi circa le novità che attengono alla materia contabile sulle quali è attivo un dibattito in tutti quei consessi internazionali ai quali l’OIC partecipa costantemente. Il documento pubblicato è predisposto dallo Staff dell’OIC e non approvato dagli Organi tecnici...

IASB publishes 2009-2011 Annual Improvements cycle

On 17 May 2012, the IASB issued Annual Improvements 2009–2011 Cycle. The amendments are effective for annual periods beginning on or after 1 January 2013, although entities are permitted to apply them earlier. For further information please refer to the IASB website. Please find the press release herewith...

Trustees publish proposed enhancements to IFRS Foundation Due Process Handbook

The Trustees of the IFRS Foundation have published for public comment an updated version of the IFRS Foundation Due Process Handbook (‘the Handbook’). This version implements conclusions of recent strategic review. The document is open for comments until 5 September 2012. It is available on the IASB website. Please find the press release herewith...