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  • 11 IFRSs await EU endorsement

    Nov 30, 2009

    The European Financial Reporting Advisory Group (EFRAG) has updated its report showing the status of endorsement, under the EU Accounting Regulation, of each IFRS, including standards, interpretations, and amendments.

  • Deloitte Canada IFRS transition newsletters

    Nov 28, 2009

    Deloitte Canada has published the November 2009 issue of their Countdown IFRS transition newsletter, to discuss practical issues Canadian companies are facing in IFRS transition as well as to provide an update on recent IFRS events.

  • IFRIC 19 on liability-equity swaps

    Nov 27, 2009

    The International Financial Reporting Interpretations Committee has issued IFRIC Interpretation 19 'Extinguishing Liabilities with Equity Instruments' following its approval by the IASB.

  • IFRIC 17 endorsed for use in Europe

    Nov 27, 2009

    The European Commission has completed the process of endorsing, for use in Europe, the November 2008 restructured version of IFRIC 17 Distributions of Non-cash Assets to Owners.

  • IASB amends IFRIC 14

    Nov 27, 2009

    On 26 November 2009, the IASB issued 'Prepayments of a Minimum Funding Requirement (Amendments to IFRIC 14)'.

  • IASB proposes disclosure relief under IFRS 1

    Nov 27, 2009

    The IASB has issued an exposure draft (ED) proposing to amend IFRS 1 'First-time Adoption of IFRSs' to state that an entity need not provide the comparative prior-period information required by the March 2009 amendments to IFRS 7 'Improving Disclosures about Financial Instruments' for first-time adopters adopting before 1 January 2010.

  • Stay Tuned Online – IFRS and UK GAAP update

    Nov 27, 2009

    The Deloitte London IFRS Centre of Excellence is running a series of hour-long Internet-based financial reporting updates, aimed at helping finance teams keep up to speed with IFRSs and other financial reporting issues.

  • New Deloitte Guide to IFRS 1

    Nov 27, 2009

    Deloitte's IFRS Global Office has published a revised Guide to IFRS 1 First-time Adoption of International Financial Reporting Standards.