News

IFRS Foundation consults on narrow-scope changes to its Constitution

The Trustees of the IFRS Foundation have proposed narrow-scope changes to the IFRS Foundation’s Constitution to increase the maximum tenure of the Trustee Chair and Vice-Chairs. The proposed amendments are set out in the Exposure Draft Amending the Terms of Appointment for the IFRS Foundation Trustee Chair and Vice Chairs and published for public consultation. Comments can be submitted and the deadline is 17...

OIC comments on EFRAG Discussion Paper Equity Instruments – Impairment and recycling

The OIC comment letter on EFRAG Discussion Paper Equity Instruments – Impairment and recycling is now available. Please find the document herewith attached.

OIC comments on EFRAG Research agenda consultation: looking into the future

The OIC comment letter on EFRAG Research agenda consultation: looking into the future is now available. Please find the document herewith attached.

OIC comments on IFRS Interpretations Committee tentative agenda decisions – March 2018

The OIC comment letter on IFRS Interpretation Committee tentative agenda decisions of March 2018 is now available. Please find the document herewith attached.

EFRAG and the OIC sponsor high-level panel discussion at the 41st EAA congress in Milan

​EFRAG and the Italian standard setter OIC are sponsoring a symposium on consistency in reporting under different business models as part of the European Accounting Association’s (EAA) 41st Annual Congress. The congress takes place from 30 May – 1 June in Milan. Angelo Casò, Chairman OIC and EFRAG Board member will moderate a high-level panel comprising: - Luca Cencioni, OIC Board member and EFRAG...

OIC comments on EFRAG DEA on IASB Plan Amendment, Curtailment or Settlement (Amendments to IAS 19)

The OIC comment letter on EFRAG draft endorsement advice on IASB Plan Amendment, Curtailment or Settlement (Amendments to IAS 19) is now available. Please find the document herewith attached.

Meeting OIC-ASBJ

Representatives of the OIC and the Accounting Standards Board of Japan (ASBJ) met on 18 April 2018 in Rome, Italy. At this meeting, the OIC and the ASBJ both provided updates on their respective activities and exchanged views on the opportunities for cooperation. As for the technical topics, the OIC and the ASBJ discussed preliminary views on the EFRAG Discussion Paper “Equity Instruments-Impairment and...

EFRAG Research agenda consultation

EFRAG is seeking public input on the strategic direction of its Research activities. Constituents’ contributions will help to reflect on the future direction of Research on financial reporting. Responses should be submitted by 1 June 2018 also by using the online survey. For further information, please refer to the EFRAG...