This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice ( for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

IFRS in Focus — IASB issues exposure draft on first-time adoption of IFRSs after a period of severe hyperinflation

Published on: Oct 10, 2010

On September 30, 2010, the International Accounting Standards Board (IASB) published an exposure draft, ED/2010/12 Severe Hyperinflation, which sets out proposed guidance on how an entity should resume presenting IFRS-compliant financial statements after a period in which it was unable to comply with IFRSs because it had a functional currency that was subject to severe hyperinflation.


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.