OIC comments on EFRAG Draft Comment Letters on IFRIC Draft Interpretations

The OIC comment letters on EFRAG draft comment letters on IFRIC Draft Interpretations: - Foreign Currency Transactions and Advance Consideration - Uncertainty over Income Tax Treatments are available. Please...

OIC comments on the EFRAG 2015 Proactive Agenda Consultation

The OIC comment letter on EFRAG 2015 Proactive Agenda Consultation is now available. Please find the document herewith attached.

IASB issues Recognition of Deferred Tax Assets for Unrealised Losses (Amendments to IAS 12)

The IASB issued amendments to IAS 12 Income Taxes. The amendments, Recognition of Deferred Tax Assets for Unrealised Losses (Amendments to IAS 12), clarify how to account for deferred tax assets related to...

EFRAG publishes its response to 2015 IASB Agenda Consultation

EFRAG has published its final comment letter in response to the Request for Views of August 2015 IASB Agenda Consultation discussing the main priorities for the IASB’s work...

IASB issues IFRS 16 Leases

The IASB issued a new accounting Standard, called IFRS 16 Leases. It replaces IAS 17. IFRS 16 is effective 1 January 2019. Early application is permitted for companies that also apply IFRS 15 Revenue from...
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