EU published Amendments to IAS 7 and IFRS 7

The European Union has published the Commission Regulation (EC) No 2024/1317 of 15th May 2024 amending Regulation (EC) No 2023/1803 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council in the Official Journal 16th May 2024.

With this Regulation Amendments to IAS 7 and IFRS 7 Supplier Finance Arrangements are adopted.