Deloitte view on endorsement of IFRS 8 in Europe
30 Jun 2007
We reported in our News Story of 5 June 2007 that the European Commission is conducting a public consultation regarding the endorsement of IFRS 8 Operating Segments before finalising a report on the potential impact of endorsement for submission to the European Parliament in September 2007. The Commission's public consultation involved a questionnaire to which responses were due 29 June 2007. The issue is whether it is appropriate to endorse IFRS 8 for use in the EU, thereby superseding IAS 14 Segment Reporting, which is currently in use in the EU.
- Deloitte Cover Letter (PDF 114k)
- Deloitte Response to the EC Questionnaire (PDF 23k)