EFRAG consults on its assessment of the amendments to the IFRS and on the costs and benefits that would arise from its application in the EU.
EFRAG consults on its assessment of the amendments to the IFRS and on the costs and benefits that would arise from its application in the EU.
EFRAG concluded in its assessment that the amendments are likely to involve some preparers in some additional year one and ongoing costs. However, EFRAG considers the costs will not be significant.
Deadline for comments is 23 June 2008.
Press release
ItC Effect Study Proposed Improvements to IFRS
© EFRAG - European Financial Reporting Advisory Group
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