Commission Regulation (EC) No 1126/2008 adopting certain international accounting standards

A new consolidated version of Commission Regulation (EC) No 1126/2008 as regards the adoption and application of international accounting standards in the EU was published in the Official Journal (OJ) of the EU. This latest version includes ALL the amendments made to the Regulation during the year 2022, including the following:
1. The amendments made by Commission Regulation (EU) 2022/357 which adopted revisions to the
– International Accounting Standard 1 (IAS 1) pertaining to the „Presentation of Financial Statements“;
– IAS 8 regarding „Accounting Policies, Changes in Accounting Estimates and Errors“;
– IAS 34 relating to „Interim Financial Reporting“;
– International Financial Reporting Standard 7 (IFRS 7) regarding „Financial Instruments: Disclosures“; and
– IAS 26 pertaining to „Accounting and Reporting by Retirement Benefit Plans“ (please see EventID 14820 in this context for more information).
2. The amendments made by Commission Regulation (EU) 2022/1392 which adopted revisions to the
– International Accounting Standard 12 relating to „Income Taxes“ and
– International Financial Reporting Standard 1 relating to „First-time Adoption of International Financial Reporting Standards (please see EventID 16941 in this context for more information).
2. The amendments made by Commission Regulation (EU) 2022/1491 which adopted revisions to the International Financial Reporting Standard (IFRS) 17 relating to „Insurance Contracts“ (please see EventID 17208 in this context for more information).