2 August 2010
The present mandate period for five of the twelve members of EFRAG’s Technical Expert Group (TEG) expires on 31 March 2011.
Submissions, setting out the name and CV of a proposed candidate, should be sent, preferably by 15 October 2010
Please find the full release of the call for applicants, published on the EFRAG website, herewith attached.
30 July 2010
The IASB has today published for public comment an exposure draft of improvements to the accounting for insurance contracts. The exposure draft proposes a single IFRS that all insurers, in all jurisdictions, could apply to all contract types on a consistent basis.
The exposure draft Insurance Contracts is open for comment until 30 November 2010
The document is available on the IASB website.
Please find the press...
30 July 2010
The OIC’s comment letter on IASB Discussion Paper Extractive Activities is now available.
The document is enclosed.
26 July 2010
The Commission Regulation (EU) No 662/2010 of 23 July 2010, published in the Official Journal of the European Union L193 on 24 July 2010, adopts IFRIC 19 Extinguishing Financial Liabilities with Equity Instruments.
The Interpretation shall be applied, at the latest, as from the commencement date of the first financial year starting after 30 June 2010.
Please find the Regulation herewith...
23 July 2010
The Executive Board of the OIC has published the Application No 3 “IFRIC 12 – Accordi per servizi in concessione”. The document deals with the changes introduced by the Interpretation IFRIC 12, approved in March 2009, which significantly changed the accounting for companies operating in industries regulated by specific concessions and also provides some useful elements for its application in...
21 July 2010
The following Commission Regulations have been published in the Official Journal of the European Union L186 on 20 July 2010:
- Commission Regulation (EU) No 632/2010 of 19 July 2010, adopting the new version of IAS 24 Related Party Disclosures. The adoption of the revised IAS 24 implies, by way of consequence, amendments to IFRS 8;
- Commission Regulation (EU) No 633/2010 of 19 July 2010, amending the IFRIC...
19 July 2010
The OIC’s comment letters on:
- IASB ED Fair Value Option for Financial Liabilities, and
- IASB ED An improved Conceptual Framework for financial reporting: the reporting entity
are now available.
The documents are enclosed.
9 July 2010
The OIC’s comment letter on:
- IASB DP Extractive Activities, and
- IASB ED Fair Value Oprion for Financial Liabilities
in reply to EFRAG’s draft comment letter are now available.
The documents are enclosed.