IFRIC 19

In November 2009, the IASB issued IFRIC 19 “Extinguishing Financial Liabilities with Equity Instruments”. The Interpretation has yet to be endorsed by the European Union and incorporated into European law. The Interpretation specifies that a borrower who...

IFRS 2

In June 2009, the IASB published its amendments to IFRS 2 “Share-based Payment”. The amendments were endorsed by the European Union in March 2010 and incorporated into European law. The amendments relate to the accounting of “group-settled...

IFRIC 17

In November 2008 IFRIC issued IFRIC 17 “Distributions of Non-cash Assets to Owners”. IFRIC 17 was endorsed by the European Union and incorporated into European law in November 2009. This Interpretation relates to the recognition and measurement of...

IFRS 3

In the case of a business combination achieved in stages, the acquirer shall remeasure, at the date on which it obtains control, its previously held equity interest in the acquiree at its acquisition-date fair value. Where applicable, goodwill is the excess of the...