In October and December 2011, EFRAG issued two Discussion Papers: ‘Accounting for Business Combination under Common Control’ and ‘Improving the Financial Reporting of Income Tax’. These publications have been issued together with the Italian standard setter - Organismo Italiano di Contabilita’ (OIC) and with the UK Accounting Standards Board (ASB) respectively.
The objectives of this outreach event is to obtain input from both Italian constituents and neighbour countries. EFRAG and the OIC are therefore keen to hear what practitioners and others think about the topics considered in these discussion papers.
It is expected that the input from this event will be beneficial to EFRAG, the OIC and the ASB in their deliberations on the discussion papers and the future work of the IASB on its projects related to Income Taxes and to the Accounting for Business Combination under Common Control.
If you wish to participate in this event, please send an email to firstname.lastname@example.org, The number of seats available is limited.
Your response by 6 March 2012 would be greatly appreciated.
For more information, the EFRAG Discussion papers are included in the related project pages. You will find below the link to the project on the Accounting for Business Combination under Common Control.