News

Commission Delegated Directive (EU) 2023/2775 of 17 October 2023 regarding the adjustments of the size criteria for undertakings

The Commission Delegated Directive (EU) 2023/2775 of 17 October 2023, published in the Official Journal of the European Union L series on 21 December 2023, amends Directive 2013/34/EU of the European Parliament and of the Council as regards the adjustments of the size criteria for micro, small, medium-sized and large undertakings or...

Commission Regulation (EU) No 2023/2772 of 31 July 2023 adopts sustainability reporting standards

The Commission Regulation (EU) No 2023/2772 of 31 July 2023, published in the Official Journal of the European Union L series on 22 December 2023, adopts sustainability reporting standards (ESRS) The Regulation shall apply from 1 January 2024 for financial years beginning on or after 1 January 2024.

Chiarimento in merito all’OIC 34 Ricavi

Si pubblica la risposta alla richiesta di chiarimento in merito alla possibilità di applicare le disposizioni dell’OIC 34 per distinguere se una società agisce per conto proprio o per conto di terzi prima dell’adozione dell’intero OIC 34 che avverrà a partire dal 2024.

Commission Regulation (EU) No 2023/2822 of 19 December 2023 adopts amendments to IAS 1 Presentation of Financial Statements

The Commission Regulation (EU) No 2023/2822 of 19 December 2023, published in the Official Journal of the European Union L series on 20 December 2023, adopts amendments to IAS 1 Presentation of Financial Statements. The amendments improve the information a company should provide when its right to defer settlement of a liability for at least 12 months is subject to covenants. Each company shall apply the...

Meeting of the Board of Directors – 18 December 2023

The summary of the meeting of the Board of Directors of 18 December 2023 is now available.

Meeting of the Board of Directors – 27 November 2023

The summary of the meeting of the Board of Directors of 27 November 2023 is now available.

IASB issues ED Financial Instruments with Characteristics of Equity – Proposed amendments to IAS 32, IFRS 7 and IAS 1

IASB published for public comment the ED Financial Instruments with Characteristics of Equity–Proposed amendments to IAS 32 Financial Instruments: Presentation, IFRS 7 Financial Instruments: Disclosures, and IAS 1 Presentation of Financial Statements. The proposals in the ED include clarification of the underlying classification principles of IAS 32 to help companies distinguish between financial liabilities and...

OIC comments on EFRAG DP Accounting for Variable Consideration from a purchaser’s perspective

OIC comments on EFRAG Discussion Paper Accounting for Variable Consideration from a purchaser’s perspective is now available. Please find the letter herewith attached.