EFRAG endorsement status report 15 October 2014

Published on: 15 Oct 2014

This endorsement status report from the European Financial Reporting Advisory Group (EFRAG) reflects the issuance of a draft endorsement advice letter on IFRS 15 Revenue from Contracts with Customers. Endorsement of the standard 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.

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