Archive for October 26th, 2013

EFRAG identifies two further business models

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In May 2013, the European Financial Reporting Advisory Group (EFRAG) launched a public consultation on long-term investing activities business models. EFRAG’s reason for the consultation were the European Green Paper on possible ways for supporting long-term investment and the limited amendments to IFRS 9 the IASB had proposed in November 2012, which would see the introduction of a new separate business model of "held to collect and sell". EFRAG has now communicated the input received from constituents in the consultation and corresponding recommendations to the IASB.

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EFRAG identifies two different business models

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In May 2013, the European Financial Reporting Advisory Group (EFRAG) launched a public consultation on long-term investing activities business models. EFRAG’s reason for the consultation were the European Green Paper on possible ways for supporting long-term investment and the limited amendments to IFRS 9 the IASB had proposed in April 2013, which would see the introduction of a new separate business model of "held to collect and sell". EFRAG has now communicated the input received from constituents in the consultation and corresponding recommendations to the IASB.

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Press release: FCO Minister concerned at fighting in Democratic Republic of Congo

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Minister for Africa, Mark Simmonds calls for restraint following renewed violence in North Kivu, Democratic Republic of Congo.

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EFRAG believes fair value should not be banned

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The European Financial Reporting Advisory Group (EFRAG) has submitted a letter of comment to the European Commission (EC) concerning its Green Paper, ‘Long-term financing of the European economy’. EFRAG believes that the use of fair value may be ne…

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News story: Second Arab Forum on Asset Recovery, Marrakesh, 26 – 28 October

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Event brings together key partners supporting the recovery of stolen assets for the Arab Countries in Transition.

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