EFRAG updates endorsement status report

The European Financial Reporting Advisory Group (EFRAG) has updated its report showing the status of endorsement, under the EU Accounting Regulation, of each IFRS, including standards, interpretations and amendments. The report is called: The EU endorsement process: Position as at 4 June 2007. Certain IASB pronouncements have not yet been endorsed for use in Europe including IFRS 8 Operating Segments, IAS 23 Borrowing Costs (revised March 2007) and IFRIC 12 Service Concession Arrangements. More information is available on the EFRAG website.