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  • Hong Kong company explains why it switched to IFRSs

    17 Sep 2004

    Esprit Holdings Limited, a Hong Kong based clothing and cosmetics wholesaler and retailer, has switched from Hong Kong GAAP to IFRSs for its year ended 30 June 2004, as permitted by the Stock Exchange of Hong Kong.

  • Reminder of two comment deadlines next week

    17 Sep 2004

    The comment periods on two documents end next week: D9 Employee Benefit Plans with a Promised Return – 21 September 2004 Discussion Paper: SMEs – 24 September 2004 .

  • Malaysia may let foreign companies use IFRSs

    16 Sep 2004

    The government of Malaysia is considering an amendment to the Financial Reporting Act that would allow foreign companies traded on Bursa Malaysia – the Malaysian stock exchange – to use IFRSs by year-end.

  • EFRAG to consider EC's IAS 39 'carve out'

    15 Sep 2004

    The Technical Expert Group of the European Financial Reporting Advisory Group (EFRAG) will hold an open meeting on 22 September 2004 in Brussels to evaluate the proposal of the European Commission to adopt IAS 39 for use in Europe minus two sections, as discussed in our news stories of 9 and 10 September 2004.

  • EFRAG will meet with European standard setters

    14 Sep 2004

    The European Financial Reporting Advisory Group (EFRAG) will meet with representatives of all European national standard setters in Brussels on 6 October 2004. The main agenda items will be the IASB projects on measurement, concession arrangements, and the IASB's exposure drafts proposing amendments to IAS 39. The meeting will take place at FEE, Rue de la Loi 83, 1040 Brussels. .