IFRS Translations Update
From the IFRS Foundation

November 2010
 
Welcome to the IFRS Translations Update

This update is a regular publication aimed at reaching the IFRS translation community with pertinent news and information.

This newsletter, and any news alerts will also be available to view in the translation section of our website.


Content

Contact us

For any questions or comments please contact:
Ken Creighton
Director of IFRS Content Services
kcreighton@ifrs.org
Translation Alerts

If you want to be kept informed about translation news and receive future editions of the IFRS Translations Update, you can subscribe to the IFRS Translations email alerts here.

The IFRS Translation Team
September saw a new arrival to the translation team, James Langridge, who deals mainly with Central Asian and Eastern European languages. November also saw a temporary departure from the team, as Leilani Macdonald is now on maternity leave for six months. As a result the languages that each team member deals with have changed and are listed below. If you have any queries or need information about languages not listed below, please contact Ken Creighton.

Lorida Tieri French, Italian, Arabic, Portuguese, Brazilian Portuguese, Serbian, Albanian, Korean, Macedonian and Turkish
Clare McGuinness Spanish, Chinese (Simplified), Chinese (Traditional), Polish, Finnish, Slovak, Hungarian, Czech, Norwegian, Icelandic, Vietnamese, Hindi and Indonesian
James Langridge German, Japanese, Russian, Kazakh, Kyrgyz, Tajik, Turkmen, Belarus, Uzbek, Romanian, Azeri, Armenian, Ukrainian, Hebrew, Bulgarian, Latvian and Swedish
Isabella Nordio Georgian, Lithuanian, Croatian and Cambodian


Recently Published Translations
Since our last edition, the IFRS Foundation has released the Spanish translation of the 2010 Red Book, as well as the French translation of the requirements of the standards. The French translation of IFRS for SMEs is now complete and is available electronically on our website. The Korean 2010 XBRL taxonomy is also now available on our website.

The Japanese 2010 Red Book will be published and available to purchase from 10 November 2010. The Arabic 2010 XBRL taxonomy will be available shortly. The Arabic translation of the 2010 Red Book is also currently in progress and we expect it to be available to purchase by the end of this year.

The German 2010 Red Book is currently being finalised and it will be available on our web shop in the first quarter of 2011. The Polish translation of the 2010 Red Book is in progress and we expect it to be available by the second quarter of 2011. The Traditional Chinese 2010 Red Book is also in progress and being published on the Taiwanese Financial Supervisory Commission’s website as the standards become available. Other projects in progress include the Brazilian Portuguese 2010 Red Book and IFRS for SMEs, and the Serbian IFRS for SMEs.

For further information on each of these titles, please visit our website.


Russian Translation Update
The Russian translation is managed by the Eurasian Council of Certified Accountants and Auditors (ECCAA), our Russian-language translation partner. The process followed is the IFRS Foundation official process, that is, the same process of translation and expert review. The Review Co-ordinator who is organising and leading the expert review committee is Dmitriy Shyutts, Executive Director of the ECCAA.

The requirements of the standards that have been issued since the 2009 Red Book, IFRS for SMEs, and the Training Modules for IFRS for SMEs have all been translated into Russian and are awaiting review by the expert review committee which is currently being finalised.

Throughout 2011 the Russian translation will continue to be updated in support of IFRS adoption in Russian-speaking countries.


IFRS Terminology
Did you know there is an IFRS terminology lookup tool available on eIFRS? Using this service, one can access over 1,500 IFRS defined terms in 30 languages.

Please go to eIFRS for access and further information.


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Disclaimer: The content of this Update does not represent the views of the IASB or the IFRS Foundation and is not an official endorsement of any of the information provided. The information published in this newsletter originates from various sources and is accurate to the best of our knowledge.
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