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IFRS newsletter in English - April 2011

In April, the IASB and the FASB decided to postpone the target date for completion of the major convergence projects on revenue recognition, lease accounting, financial instruments and insurance contracts.

IFRS

19/05/2011

The final standards in these areas are now officially expected to be published no later than 31 December 2011 instead of 30 June. This will allow the necessary time for further reflection and to improve consultations with stakeholders on sensitive issues.

Icon IFRS EN - Apr 2011 (.pdf - 320.70 kB)