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Annual Improvements - IASB

Date recorded:

On May 19, 2015, the IASB reviewed the due process steps that had been taken to date in preparation for the publication of the Exposure Draft Annual Improvements to IFRS 2014—2016 Cycle. That Exposure Draft would include two proposed amendments that the IASB had already tentatively approved:

  1. 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.
  2. 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.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.