In October and December 2011, EFRAG issued two Discussion Papers: ‘Accounting for Business Combinations 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 constituents. EFRAG, the OIC, the ASB and the KSR - together with the KiBR and the SKwP - 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 Combinations under Common Control.
If you wish to participate in this event, please send an email to sekretarz.KSR@mofnet.gov.pl.
Your response by 4 May 2012 would be greatly appreciated.
For more information, please find below the link to EFRAG project page where the discussion papers are available.