EFRAG endorsement status report 12 May 2014
This endorsement status report from the European Financial Reporting Advisory Group (EFRAG) reflects that on 12 May 2014 the IASB has issued Clarification of Acceptable Methods of Depreciation and Amortisation (Amendments to IAS 16 and IAS 38) providing additional guidance on how the depreciation or amortisation of property, plant and equipment and intangible assets should be calculated. The updated report indicates that final endorsement of the amendments is currently expected in the first quarter of 2015.