10 December 2010
The IASB published for public comment an exposure draft on the accounting for hedging activities. The exposure draft proposes requirements that will enable companies to reflect their risk management activities better in their financial statements, and, in turn, help investors to understand the effect of those activities on future cash flows.
The exposure draft Hedge Accounting is open for comment until 9 March...
8 December 2010
The IASB has today published an IFRS Practice Statement Management Commentary, a broad, non-binding framework for the presentation of narrative reporting to accompany financial statements prepared in accordance with IFRSs.
For more information, please refer to the IASB website.
Please find the press release herewith...
1 December 2010
The Executive Board has published for public comment the Application “Impairment e avviamento” for the banking sector and the Application “Impairment e avviamento” for the insurance sector.
Both documents are open for comments until 15 December 2010.
Please find the documents herewith attached.
30 November 2010
The OIC’s comment letter on Proposal to amend the Due Process Handbook for the IASB – Criteria for Annual improvements to IFRSs, in reply to EFRAG’s draft comment letter is now available.
The same comments have been sent to the IASB.
Please find the document herewith...
30 November 2010
The OIC’s comment letter on Draft IFRIC Interpretation Stripping Cost in the Production Phase of a Surface Mine, in reply to EFRAG’s draft comment letter is now available.
The same comments have been sent to the IASB.
The document is enclosed.
30 November 2010
The OIC’s comment letter on IASB ED Insurance Contracts, in reply to EFRAG’s draft comment letter is now available.
The same comments have been sent to the IASB.
The document is enclosed.
12 November 2010
In view of EFRAG-OIC outreach event on Financial Statement Presentation to be held in Rome on November 26, a document that briefly summarizes the main contents of the staff draft released by the IASB on the project is now available, in order to facilitate the informed participation of those attending the meeting.
Please find the document herewith attached.
8 November 2010
In order to assist the IASB in collecting input from relevant European stakeholders on the tentative decisions taken on the draft Financial Statement Presentation, the OIC and the EFRAG have organized an outreach event for the 26th of November 2010 (see news of September 30, 2010). The participants are invited to respond to a questionnaire before the meeting, which will form the basis for discussion. Who can not...