News
IFRIC Update July 2007 Now Available
23-Jul-2007
NEW YORK-The International Accounting Standards Board (IASB) released on July 20, 2007, the International Financial Reporting Committee (IFRIC) newsletter for July 2007. The updates are available on TAGI website www.tagi.com.
IFRIC’s principal role is to consider, on a timely basis within the context of International Financial Reporting Standards and the International Accounting Standards Board (IASB) Framework, accounting issues that are likely to receive divergent or unacceptable treatment in the absence of authoritative guidance, with a view to reaching consensus on the appropriate accounting treatment.
For more information please visit the following website: www.iasb.org