30/12/2012 | Endorsement Status Report Update
In the light of the endorsement by the European Commission of several standards, interpretations, and amendments, EFRAG has updated the EFRAG Endorsement Status Report.
The European Commission has endorsed the following standards, amedments and interpretation:
- IFRS 10 Consolidated Financial Statements *
- IFRS 11 Joint Arrangements *
- IFRS 12 Disclosures of Interests in Other Entities *
- IFRS 13 Fair Value Measurement
- IAS 27 Separate Financial Statements (amended 2011) *
- IAS 28 Investments in Associates and Joint Ventures (amended 2011) *
- Amendments to IFRS 7 Financial Instruments: Disclosures - Offsetting Financial Assets and Financial Liabilities
- Amendments to IAS 32 Financial Instruments: Presentation - Offsetting Financial Assets and Financial Liabilities
- Amendments to IFRS 1 First-time Adoption of International Financial Reporting Standards - Severe Hyperinflation and Removal of Fixed Dates for First-time Adopters
- Amendments to IAS 12 Income Taxes - Deferred tax: Recovery of Underlying Assets
- IFRIC Interpretation 20 Stripping Costs in the Production Phase of a Surface Mine
* Each company shall apply IFRS 10, IFRS 11, IFRS 12, the amended IAS 27, the amended IAS 28, and the consequential amendments, at the latest, as from the commencement date of its first financial year starting on or after 1 January 2014.
Links to the publications in the Official Journal of the European Union:
The EFRAG Endorsement Status Report can be downloaded below and under the menu point 'Endorsement Status'.