09/11/2017 - EFRAG Endorsement Status Report - Update 9 November 2017
The European Commission has endorsed the following IFRS Standards and amendments:
- IFRS 16 Leases
- Clarifications to IFRS 15 Revenue from Contracts with Customers
- Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts (Amendments to IFRS 4)
- Recognition of Deferred Tax Assets for Unrealised Losses (Amendments to IAS 12)
- Disclosure Initiative (Amendments to IAS 7)
The EFRAG Endorsement Status Report can be downloaded below and under the menu 'Endorsement Status'. It has been updated to reflect the latest European Commission endorsements:
- IFRS 16 Leases: effective for annual periods beginning on or after 1 January 2019.
Link to the publication in the Official Journal of the European Union: Commission Regulation (EU) 2017/1986 of 31 October 2017
- Clarifications to IFRS 15 Revenue from Contracts with Customers: effective for annual periods beginning on or after 1 January 2018.
Link to the publication in the Official Journal of the European Union: Commission Regulation (EU) 2017/1987 of 31 October 2017
- Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts (Amendments to IFRS 4): effective for annual periods beginning on or after 1 January 2018.
Link to the publication in the Official Journal of the European Union: Commission Regulation (EU) 2017/1988 of 3 November 2017
- Recognition of Deferred Tax Assets for Unrealised Losses (Amendments to IAS 12): effective for annual periods beginning on or after 1 January 2017.
Link to the publication in the Official Journal of the European Union: Commission Regulation (EU) 2017/1989 of 6 November 2017
- Disclosure Initiative (Amendments to IAS 7): effective for annual periods beginning on or after 1 January 2017.
Link to the publication in the Official Journal of the European Union: Commission Regulation (EU) 2017/1990 of 6 November 2017
