8 November 2010
The OIC’s comment letter on IASB ED Deferred Tax: Recovery of Underlying Assets – Proposed Amendments to IAS 12, in reply to EFRAG’s draft comment letter is now available.
The same comments have been sent to the IASB.
The document is enclosed.
29 October 2010
The IASB has today issued requirements on the accounting for financial liabilities. These requirements will be added to IFRS 9 Financial Instruments and complete the classification and measurement phase of the IASB’s project to replace IAS 39 Financial Instruments: Recognition and Measurement.
For more information, please refer to the IASB website.
Please find the press release herewith...
29 October 2010
The OIC’s comment letter on IASB ED Revenue for Contracts with Customers is now available.
The document is enclosed.
29 October 2010
The OIC’s comment letter on IFRS Interpretation Committe’s tentative decision on IAS 36 Calculation of value in use, in reply to EFRAG’s draft comment letter is now available.
The same comments have been sent to the IASB.
The document is enclosed.
29 October 2010
The OIC’s comment letter on IASB ED Removal of Fixed Dates for First-time Adopters, in reply to EFRAG’s draft comment letter is now available.
The same comments have been sent to the IASB.
The document is enclosed.
19 October 2010
The IASB and the US Financial Accounting Standards Board (FASB) have today published documents seeking views on when new financial reporting standards resulting primarily from their work to improve and achieve convergence of IFRSs and US GAAP should become effective.
The projects covered by the request for views include the second and third phases of Financial Instruments, Revenue from contracts with customers,...
19 October 2010
The document, prepared by the working group consisted of the Consiglio nazionale dei Dottori commercialisti e degli esperti contabili (CNDCEC), Agenzia per le Onlus e Organismo Italiano di Contabilità, is published for public comment until 15 January 2011. Project managers are Domenico Piccolo, CNDCEC, Adriano Propane, Agenzia per le Onlus, and Angelo Casò, OIC.
This accounting standard is first addressed to all...
15 October 2010
The OIC’s comment letter on IFRS Interpretation Committe’s tentative decision on IAS 36 Calculation of value in use is now available.
The document is enclosed.