IFRS Translations Update
From the IFRS Foundation

October 2012
Welcome to the IFRS Translations Update

Welcome to Translations Update, a quarterly roundup of news and information for the IFRS translation community.

What’s new in this issue:


Contact us

For any questions or comments please contact either:

Leilani Macdonald
Manager, IFRS Translation Team

Nicole Johnson
Content Services Principal
Translation Alerts

If you want to be kept informed about Translations news and receive future alerts, you can subscribe to the IFRS Translations Alert here.

Do you have a translation query

We have a procedure in place to ensure a high-quality translation, which involves a review by a committee of accounting experts. The committee is typically composed of representatives from accounting standard setting bodies or institutes, major accounting firms, government bodies (where applicable), and academics. The translations are reviewed carefully to ensure that the English and the translation both give the same message. If we are informed of any issues regarding a translation, we ask the review committee to consider them, and if necessary, revise the translation. Translation queries should be sent to Leilani Macdonald at Lmacdonald@ifrs.org.

World Standard Setters (WSS) Meeting October 2012

Date: 25 and 26 October 2012
Grange City Hotel, Tower Hill
8-14 Coopers Row
London EC3N 2BQ
United Kingdom

If you are attending the WSS Meeting in October, we would love to meet you in person to talk about translation and adoption. Please let us know if you are attending and we can arrange a convenient time to meet. For more information about this meeting please see http://www.ifrs.org/Use-around-the-world/Pages/WSS.aspx.

Recently published and forthcoming translations

Since our last newsletter, the following translations have become available:

2012 Red Book: German (now online), Romanian (selected Standards), Spanish
2012 Requirements*: French and Hebrew
New and revised Standards issued in 2012: French (Requirements*), Spanish, Ukrainian (Requirements*)
2012 Technical Summaries: Spanish
Request for Information Comprehensive Review of the IFRS for SMEs: Spanish
2012 Briefing for Chief Executives: Spanish

There are a number of translations in progress:

2012 Red Book: Arabic, Brazilian Portuguese, Bulgarian, Traditional Chinese, Japanese, Korean
2012 Requirements*: Armenian, Kazakh, Russian, Ukrainian

Translations of other products currently in progress:

IFRS for SMEs: Estonian, German, Khmer
IFRS for SMEs training modules: Arabic, Spanish
2011 Requirements*: Khmer, Mongolian, Turkmen
2012 XBRL taxonomy: Arabic, Hungarian, Korean, Ukrainian
New and revised Standards issued in 2011: Simplified Chinese
Exposure Drafts are regularly translated into French and Japanese

*‘Requirements’ refers to the text used for the adoption of IFRSs into law, and does not include the accompanying material such as the Bases for Conclusions and Implementation Guidance.

For more detailed information on translations, please refer to the Available Translations page on our website, and the work plan below.

2012 Translation work plan

Below please find a table detailing the languages and translations that we expect to take place in 2012.

Languages Full IFRSs Adoption—translation of Requirements+ SMEs‡ EDs XBRL SME Training
1. Afrikaans     checked      
2. Albanian checked       checked checked
3. Arabic checked checked     checked  
4. Armenian   checked checked      
5. Azeri   checked        
6. Belarusian   checked        
7. 7. Bosnian     checked      
8. Bulgarian checked          
9. Chinese Traditional checked checked   checked    
10. Croatian   checked checked      
11. Estonian     checked      
12. Farsi   checked        
13. French   checked   checked    
14. Georgian checked   checked      
15. German checked   checked      
16. Hebrew   checked checked      
17.Hungarian         checked  
18.Japanese checked     checked checked  
19. Kazakh   checked        
20. Khmer   checked checked      
21. Korean checked checked     checked  
22. Kyrgyz   checked checked      
23. Macedonian   checked        
24. Mongolian   checked checked     checked
25. Portuguese (Brazil) checked checked       checked
26. Portuguese (European)   checked        
27. Romanian checked checked        
28 Russian checked checked checked     checked
29. Slovak         checked  
30. Spanish* checked checked     checked checked
31. Tajik   checked        
32. Turkish     checked      
33. Turkmen   checked checked      
34. Ukrainian checked checked checked checked    
35. Uzbek   checked        

* French and Spanish translations are directly managed by the IFRS Foundation translation team.
+ European languages covered by European adoption are not included in this list.

‡ Translations of the IFRS for SMEs that were completed before June 2012 have not been included (eg Albanian, Arabic, Brazilian Portuguese, Czech, French, Italian, Japanese, Kazakh, Lithuanian, Macedonian, Polish, Romanian, Serbian, Spanish, Simplified Chinese).

This list is constantly changing. We regularly receive enquiries and hear of the need for new translations such as the XBRL Taxonomy and the IFRS for SMEs. We wish to hear from you too. If you know of translation needs or have a question, please do not hesitate to contact us.

Translations Update online

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

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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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