Related news

• European valuers will follow IVSC standards

• Dec 13, 2001

• The European Public Real Estate Association (EPRA) has recommended adoption of valuation standards set by the International Valuation Standards Committee (IVSC).

• EU Directives amended to allow IAS 39 compliance

• Nov 16, 2001

• The Parliament and Council of the European Union have amended the EU Directives to permit European companies to comply with IAS 39 and the Directives.

• Europe creates IAS technical expert and oversight boards

• Jun 26, 2001

• The European Financial Reporting Advisory Group -- an organisation established in March by a broad group of organisations representing the European accounting profession, preparers, users, and national standard-setters -- has created a Technical Expert Group and a Supervisory Board to serve as Europe's "IAS Endorsement Mechanism".

• European Parliament amends Directives to allow IAS 39

• May 17, 2001

• On 15 May, the European Parliament amended the 4th and 7th Directives (European laws) to require listed companies to follow IAS 39 by reporting certain financial assets and liabilities at fair value in their annual consolidated financial statements.