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News

  • ARC will meet on 1 October to consider IAS 39

    19 Sep 2004

    The Accounting Regulatory Committee will meet on 1 October 2004 to decide on whether to recommend that IAS 39 Financial Instruments: Recognition and Measurement should be endorsed for use in Europe it its entirety or with two sections 'carved out'.

  • Agenda for the September IASB meeting

    18 Sep 2004

    The IASB has announced the agenda for its Board meeting on 21-24 September 2004. The Board will also meet with its partner national standard-setters 27 and 29 September 2004 and with representatives of standard setting bodies from over 30 countries on 27 and 28 September.

  • Comment letters on IFRIC D8 are posted

    18 Sep 2004

    The 22 comment letters received on IFRIC Draft Interpretation D8 Scope of SIC-12 Consolidation – Special Purpose Entities have been Posted on IASB's Website.

  • 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.