IASB publishes editorial corrections
05 Mar 2015
The International Accounting Standards Board (IASB) has published a batch of editorial corrections that retract a previous correction and impact consequential amendments, stand-alone standards, and the IASB's “2014 IFRS (Red Book)”, "A Guide Through IFRS 2014", and "2015 IFRS (Blue Book)".
Retraction of a previous editorial correction affects the following standard:
- IFRS 7 Financial Instruments: Disclosures
Editorial corrections to consequential amendments affect the following standards:
- IFRS 9 Financial Instruments
- Novation of Derivatives and Continuation of Hedge Accounting (Amendments to IAS 39)
- IFRS 13 Fair Value Measurement
Editorial corrections affect the following individual pronouncements:
- IFRS 9 Financial Instruments
- IFRS 15 Revenue from Contracts With Customers
- Defined Benefits Plans: Employee Contributions (Amendments to IAS 19)
Editorial corrections to the 2014 IFRS (Red Book), A Guide through IFRS 2014 and 2015 IFRS (Blue Book) affect the following standards:
Editorial corrections do not change the meaning or application of pronouncements, but instead correct inadvertent errors. Full details of the editorial corrections are available on the IASB website.