EFRAG meeting calls for IAS 12 evolution not revolution

Ralph Cunningham

June 06, 2012

The majority of participants in a meeting organised by the European Financial Reporting Advisory Group (EFRAG) want the IAS 12 accounting standard, which describes how income taxes should be treated for accounting purposes, to be improved rather than replaced.

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EFRAG meeting calls for IAS 12 evolution not revolution

The majority of participants in a meeting organised by the European Financial Reporting Advisory Group (EFRAG) want the IAS 12 accounting standard, which describes how income taxes should be treated for accounting purposes, to be improved rather than replaced.

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