OIC

Trustees publish proposed enhancements to IFRS Foundation Due Process Handbook

katia — Thu, 10 May 2012 08:46:04 +0000

The Trustees of the IFRS Foundation have published for public comment an updated version of the IFRS Foundation Due Process Handbook (‘the Handbook’). This version implements conclusions of recent strategic review.

The document is open for comments until 5 September 2012. It is available on the IASB website.

Please find the press release herewith attached.

Board of Founders

katia — Tue, 08 May 2012 13:04:23 +0000

Supervisory Board meeting

katia — Tue, 08 May 2012 13:02:06 +0000

OIC’s comments on EFRAG draft endorsement advice on IASB Amendments to IFRS 1 – Government Loans

katia — Tue, 08 May 2012 12:59:17 +0000

OIC’s comments on EFRAG draft endorsement advice on IASB Amendments to IFRS 1 – Government Loans

katia — Tue, 08 May 2012 12:57:08 +0000

The OIC’s comment letter on EFRAG draft endorsement advice on IASB Amendments to IFRS 1 – Government Loans is now available.

Please find the document herewith attached.

IASB issues ED Improvements to IFRSs

katia — Fri, 04 May 2012 12:32:06 +0000

The IASB published for public comment the exposure draft Annual Improvements to IFRSs – 2010-2012 Cycle.
The ED is open for comments until 5 September 2012. It is available on the IASB website.

Please find the press release herewith attached.

The second set of national accounting standards issued for public comments

katia — Fri, 27 Apr 2012 15:45:56 +0000

We are pleased to inform you about the launch of the consultation on the second set of national accounting standards, as part of the project of their updating. In May 2010 the project was launched with to address the need to take into account the developments in accounting that have occurred since their last revision.

The OIC aims to improve the structure of national accounting standards in order to make them easier to read and at the same time to facilitate updates and amendments that will be necessary in the future.

The second set of national accounting standards open for public consultation are:

OIC 13 Inventories
OIC 14 Cash and cash equivalents;
OIC 15 Credits
OIC 20 Debt securities

Each draft accounting standard is accompanied by a descriptive document, which presents the most relevant changes made to the text currently in force, in order to facilitate the analysis of the document and to stimulate comments.

The drafts open for comments can be downloaded from the project page.

You are kindly invited to send any comments preferably by 31 October 2012 to the e-mail staffoic@fondazioneoic.it or by fax at 06.69766830.

Field-test for preparers on the general hedge accounting Review Draft

katia — Fri, 20 Apr 2012 13:05:53 +0000

The Review Draft on general hedge accounting, which is expected to be released by the IASB during April 2012, will introduce significant changes to the current general hedge accounting requirements. The main purposes of the field-test are to test the operationality of the proposals, whether the standard will operate as intended, and gather information to assess the quality and effects of the future accounting standard and the usefulness of the information that will result from applying the requirements, as well as to assess the level of effort required to implement and apply the requirements. This field-test is conducted by EFRAG in partnership with National Standard Setters in Europe who are interested in participating in the study. ANC, ASB, ASCG and the OIC have already agreed to participate.

If you would like to participate in the field-test, please send an e-mail by 30 April to staffoic@fondazioneoic.it or tfabi@fondazioneoic.it

Supervisory Board meeting

katia — Fri, 20 Apr 2012 08:14:23 +0000

Pubblicata newsletter internazionale di marzo

katia — Thu, 19 Apr 2012 15:38:46 +0000

L’OIC – Organismo Italiano di Contabilità ha deciso di pubblicare con cadenza mensile un documento di aggiornamento sull’attività internazionale, che informi circa le novità che attengono alla materia contabile sulle quali è attivo un dibattito in tutti quei consessi internazionali ai quali l’OIC partecipa costantemente. Il documento pubblicato è predisposto dallo Staff dell’OIC e non approvato dagli Organi tecnici dell’OIC.

L’obiettivo di tale documento è di riepilogare, sui principali temi in discussione, le decisioni prese dagli organismi contabili internazionali oltre che aggiornare sulle novità che hanno interessato tali organismi

Per agevolare la lettura, il documento si presenta articolato in diverse sezioni, identificate in rosso. All’interno di ciascuna sezione si distinguono paragrafi e sottoparagrafi. Al fine di consentire a chi fosse interessato un approfondimento, link ai documenti citati sono inseriti nel testo.

Si rinvia alla sezione “OIC informa – Newsletter internazionale” nella quale è disponibile il numero di marzo.