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14 May 2008

EFRAG advice and effects study report on IFRIC 13


EFRAG has completed its due process regarding the Amendment to IFRIC 13 - Customer Loyalty Programmes. EFRAG supports the amendment although two members have concerns about it.

EFRAG has completed its due process regarding the Amendment to IFRIC 13 - Customer Loyalty Programmes and has submitted its Endorsement Advice Letter and Effects Study Report to the European Commission.

 

EFRAG supports the amendment although two members have concerns about IFRIC 13 that cause those members to believe that EFRAG should not recommend IFRIC 13 for endorsement.

 

EFRAG will update soon its Endorsement Status Report.

 

Endorsement Advice Letter



© EFRAG - European Financial Reporting Advisory Group


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