Annual Improvements to IFRSs 2014-2016 Cycle - IASB
Date recorded:
At its meeting on April 27-29, 2015, the IASB confirmed it would proceed with publishing an ED arising from the Annual Improvements to IFRSs 2014–2016 Cycle, which would include the following two proposed amendments: (i) IFRS 1, First-time Adoption of International Financial Reporting Standards: short-term exemptions for first-time adopters. This amendment was tentatively approved by the IASB in December 2013; and (ii) IAS 28, Investments in Associates and Joint Ventures: clarification that measuring investees at fair value through profit or loss is an investment- by- investment choice. This amendment was tentatively approved by the IASB in January 2015.
Review the IASB Update.
