The “milleproroghe” decree published in the Official Gazette (No. 49 of 28 February 2022) has expanded the role and functions of the body provided for by its founding decree (Legislative Decree no. 38/2005). In the new formulation, the OIC “participates in the process of developing principles and standards in the field of accounting and sustainability reporting at European and international levels, maintaining relationships with the International Financial Reporting Standards Foundation (IFRS Foundation), with the European Financial Reporting Advisory Group (EFRAG) and with the bodies of other countries responsible for the same activities.”
The Italian Accounting Body (OIC) has thus become the national contact person for the definition of reporting standards in the field of sustainability.
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For more information, please read theUpdate on the OIC website or contact us Att
