EFRAG Endorsement advice
06 April 2017
EFRAG has issued its endorsement advice on a number of changes to IFRS
The European Financial Reporting Advisory Group has concluded that the following changes to IFRS each meet all the technical endorsement criteria of the IAS Regulation and are conducive to the European public good. It therefore recommends their endorsement to the European Commission:
- IFRIC 22 Foreign Currency Transactions and Advance Consideration
- Transfers of Investment Property (Amendments to IAS 40); and
- Annual Improvements to IFRS Standards 2014-2016 Cycle
Further information and the endorsement advice letters for each of the above issued to the European Commission are available from EFRAG’s web site here.