EU formally adopts May 2010 annual improvements
21 Feb 2011
The European Union has published the Commission Regulation (EC) No 149/2011 endorsing the annual improvements published by the IASB on 6 May 2010.
The IASB uses the annual improvements project to make necessary, but non-urgent, amendments to IFRSs that will not be included as part of another major project. Currently another four IASB pronouncements await endorsement action.
Click for our 6 May 2010 story.