Commission draft regulations on international accounting standards

01 December 2008

The Council made public the Commission draft regulations on amendments to IFRS 1 and IAS 27, and on Improvements to IFRSs.

The Council made public the Commission draft regulations on amendments to IFRS 1 and IAS 27, and on Improvements to IFRSs.

 

Companies shall apply the amendments as from the commencement date of its first financial year starting after 31 December 2008.

 

Council also made public the Commission draft decision on the use of certain third countries' national accounting standards and international financial reporting standards to prepare their consolidated financial statements.

 

The documents are attached below

 

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