Updated EFRAG endorsement status report for draft endorsement advice letter on IFRS 15
15 Oct 2014
The European Financial Reporting Advisory Group (EFRAG) has updated its Endorsement Status Report to include its draft endorsement advice letter on IFRS 15 'Revenue from Contracts with Customers'.
Final endorsement of IFRS 15 is currently expected in the second quarter of 2015.
The report also reflects that vote of the Accounting Regulatory Committee (ARC) on three amendments to standards (bearer plants, acceptable methods of depreciation, and acquisitions of interests in joint operations) has been postponed to the first quarter of 2015.
The endorsement status report, dated 15 October 2014, is available here.
