IFRS newsletter - English - October 2008

Will IFRS be the next victim of the current crisis? By now, the due process of the international standard setter is already overwhelmed. The turmoil led the IASB, EFRAG and the European Commission to adopt and publish an amendment to IAS 39 in less than one week.

This high speed standard setting gave the European Commission an idea. The EC listed the topics that it wants resolved with the closure in 2008. This list was mailed to the IASB for action! The EC is
waiting for an answer.

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IFRS newsletter - English - October 2008

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