Questionario Targeted Amendments Provisions

Due Date: 10/02/2025

Last November, the IASB has published a consultation on some narrow amendments to IAS 37 – Provisions, Contingent Liabilities and Contingent Assets.

OIC’comments on EFRAG DCL on ED IASB Equity Method and on EFRAG DEA on IASB Amendments to IFRS 7 and IFRS 9

OIC published the comments to EFRAG on: Draft Comment Letter on IASB ED Equity Method of Accounting AIS 28 Investments in Associates and Joint Ventures (revised 202x) ; and Draft Endorsement Advice on IASB Amendments to IFRS 7 and IFRS 9 about “Contracts referencing Nature-dependent Electricity”.

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.