IFRS EU Endorsement Process
The European Financial Reporting Advisory Group (EFRAG) updated its report showing the status of endorsement of each IFRS, including standards, interpretations, and amendments, most recently on 8 February 2018.…
The IASB issued amendments to IAS 19 regarding plan amendments, curtailments, and settlements
On 7 February 2018, the International Accounting Standards Board (IASB) published 'Plan Amendment, Curtailment or Settlement (Amendments to IAS 19)' thus finalising one of two issues relating to IAS 19 submitte…
The FASB clarifies the application of the new leasing standard to land easements
On 25 January 2018, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2018-01, “Land Easement Practical Expedient for Transition to Topic 842” that clarifies the appli…