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”.
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.
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.
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.
Due Date: 28/02/2025
EFRAG is launching two online surveys to seek preparers’ (subsidiaries and parent entities) and users’ views on the voluntary application of IFRS 19 Subsidiaries without Public Accountability: Disclosures which allows eligible subsidiaries to prepare reduced disclosures under IFRS.
A summary of the Board of Directors of 28 November 2024 is published.
EFRAG has published its Final Comment Letter on theIASB’s Exposure Draft IASB/ED/2024/6 Climate-related and Other Uncertainties in the Financial Statements – Proposed illustrative examples (the ‘ED’) and its Final Comment Letter (‘FCL’) on the IASB’s Exposure Draft IASB/ED/2024/5 Amendments to IFRS 19 Subsidiaries without Public Accountability: Disclosures (the ‘ED’).
Due Date: 15/05/2025
EFRAG publishes its Discussion Paper on the Statement of Cash Flows.