Long-term Interests in Associates and Joint Ventures - IASB
Date recorded:
At its meeting on June 21-22, 2017, the IASB continued to discuss the proposed amendments to IAS 28 Investments in Associates and Joint Ventures. Specifically, it discussed transition requirements for first-time adopters and due process steps. The Board tentatively decided not to provide first-time adopters with any transition requirements other than those already included in IFRS 1 First-time Adoption of International Financial Reporting Standards. The Board expects to issue the amendments to IAS 28 in September 2017.
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