IASB published amendments for PPAs

The IASB published the amendments to IFRS 9 Financial Instruments and IFRS 7 Financial Instruments: Disclosures to help companies better report the financial effects  of Power Purchase Agreements (PPAs).

EFRAG published the Voluntary Sustainability Reporting Standard for no-listed SMEs

EFRAG published the Voluntary Sustainability Reporting Standard for no-listed SMEs.

OIC publishes a draft response to a request for clarification on OIC 34 for public consultation.

Due Date: 10/01/2025

The OIC has received and discussed a request for clarification regarding the possibility of applying the provisions of OIC 34 to determine whether a company acts on its own behalf or on behalf of third parties in the context of the first-time application of OIC 34.

Survey on the ED IASB Equity Method of Accounting IAS 28 impact

Due Date: 11/12/2024

In order to assess the potential impacts of the amendments proposed in the Exposure Draft “Equity Method of Accounting—IAS 28 Investments in Associates and Joint Ventures (revised 202x)” published by the IASB, the OIC is requesting input on some of the proposals in the Exposure Draft.

EFRAG is launching two online surveys for preparers and users on application of IFRS 19

Due Date: 28/02/2025

EFRAG is launching two online surveys to seek preparers’ (subsidiaries and parent entities) and users’ views on the voluntary application of IFRS 19 Subsidiaries without Public Accountability: Disclosures which allows eligible subsidiaries to prepare reduced disclosures under IFRS.

Board of directors meeting of 28 November 2024

A summary of the Board of Directors of 28 November 2024 is published.