03/01/2003 (Agence Europe) - The European Commission has not managed to endorse the International Accounting Standards (IAS) already in existence, explaining in a press release that the delay is due to problems in translating the politically sensitive document into the 11 official EU languages. The Commission notes, however, that the translations will be available at the beginning of 2003. The IAS Regulation requiring that listed companies prepare their consolidated accounts in accordance with endorsed International Accounting Standards from 2005 onwards, came into force on 11 September 2002, following approval in June (see Europe of 8 June 2002).