Related Discussions

• IFRS 1 – Severe hyperinflation

• 13 Dec 2010

• The IASB considered an analysis of comment letters received on the exposure draft 'Severe Hyperinflation'. Matters discussed included the scope of the amendment, whether it would be appropriate for an entity to have a short comparative period when the functional currency normalisation date falls within the comparative period, and other comments.

• Presenting IFRS financial statements after a period of severe hyperinflation

• 14 Sep 2010

• The Board re-discussed the issue related to the recommendation of the IFRS Interpretation Committee to amend IAS 29 'Financial Reporting in Hyperinflationary Economies' to clarify how an entity should resume presenting financial statements in accordance with IFRSs after a period of severe hyperinflation, agreeing to issue an Exposure Draft proposing a limited amendment to IFRS 1.

• IAS 29 - Reporting in accordance with IFRS after a period of chronic hyperinflation

• 22 Jul 2010

• The IASB discussed the IFRS Interpretations Committee's request to consider clarifying how an entity should resume presenting financial statements in accordance with IFRSs after a period of severe hyperinflation, during which it had been unable to comply with IAS 29 'Financial Reporting in Hyperinflationary Economies'.

• IAS 29 — Reporting in accordance with IFRS after a period of chronic hyperinflation

• 08 Jul 2010

• The IFRS Interpretations Committee discussed issues related to: (1) the preparation of the separate financial statements of an entity with a functional currency that is no longer the currency of a hyperinflationary economy (2) the preparation and presentation of consolidated financial statements of a parent with an interest in an entity that ceases to have a functional currency that is the currency of a hyperinflationary economy