IASB issued new standard IFRS 18
On 9 April 2024, the International Accounting Standards Board (IASB) published its new standard IFRS 18 Presentation and Disclosures in Financial Statements that will replace IAS 1 Presentation of Financial Sta…
IFRS EU Endorsement Process: October
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 12 October 2018.
As of 23 October 2018, the following IASB pronouncements are awaiting European Commission endorsement for use in the EU:
Standards
- IFRS 14 Regulatory Deferral Accounts (issued in January 2014) – the European Commission has decided not to launch the endorsement process of this interim standard and to wait for the final standard
- IFRS 17 Insurance contracts (issued in May 2017)
Amendments
- Amendments to IFRS 10 and IAS 28 Sale or Contribution of Assets between an Investor and its Associate or Joint Venture (issued in September 2014)
- Amendments to IAS 19 Plan Amendment, Curtailment or Settlement (issued in February 2018)
- Amendments to IAS 28 Long-term Interests in Associates and Joint Ventures (issued in October 2017)
- Annual Improvements to IFRS Standards 2015–2017 Cycle (issued in December 2017)
- Amendments to References to the Conceptual Framework in IFRS Standards (issued in March 2018)
Interpretation
- IFRIC 23 Uncertainty over Income Tax Treatments (issued in June 2017)
Click here for the Endorsement Status Report
Invitation to Autumn Seminars
IFRS 16 for Advanced Users: Prague: 6 November 2018
Most Frequent Errors in Financial Statements Prepared under IFRS: Prague: 21 November 2018
IFRS News 2018: Webcast took place on 16 October 2018. Its record is available here
The article is part od dReport – November 2018, Accounting news.
