EFRAG letter recommending IFRIC 12 in Europe

  • EFRAG (European Financial Reporting Advisory Group) (dk green) Image

25 Mar 2007

The European Financial Reporting Advisory Group, whose members hold sharply divided views on IFRIC 12 Service Concession Arrangements (see our news story of 13 February 2007), has submitted to the EC's Accounting Regulatory Committee its recommendation that IFRIC 12 be endorsed for use in Europe.

Click for EFRAG Letter (PDF 85k).

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