IFRS deadline extended | ACCA Global
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A round-up of the latest developments in financial reporting in the European Union

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This article was first published in the February 2012 International edition of Accounting and Business magazine.

The European Commission has extended to December 2014 from January 2012 the deadline for non-EU issuers of securities to base their financial data on International Financial Reporting Standards (IFRS).

To do so, these issuers’ home jurisdictions must have made a practical commitment to introduce IFRS by that date.

Keith Nuthall, journalist

Last updated: 15 Jul 2014