EFRAG submits its Endorsement Advice on IFRS 18 to the European Commission
EFRAG submits its Endorsement Advice on IFRS 18 to the European Commission
EFRAG has submitted its Endorsement Advice on IFRS 18 Presentation and Disclosure in Financial Statements to the European Commission.
In its Endorsement Advice, EFRAG concluded that IFRS 18 meets the technical criteria for endorsement, is not contrary to the principle of true and fair view and that its adoption would be conducive to the European public good. EFRAG has recommended the endorsement of IFRS 18.
The Endorsement Advice and the updated Endorsement Status Report may be accessed here.
In its Endorsement Advice, EFRAG concluded that IFRS 18 meets the technical criteria for endorsement, is not contrary to the principle of true and fair view and that its adoption would be conducive to the European public good. EFRAG has recommended the endorsement of IFRS 18.
The Endorsement Advice and the updated Endorsement Status Report may be accessed here.