2018
- Effective date of amendments to IFRS 2 from 01 Jan, 2018 01:00 AM to 01 Jan, 2018 10:00 PM — London,
- On 20 June 2016, the International Accounting Standards Board (IASB) published final amendments to IFRS 2 'Share-based Payment' that clarify the classification and measurement of share-based payment transactions. The amendments are effective for annual periods beginning on or after 1 January 2018, with earlier application permitted.
- Effective date of amendments to IFRS 1 and IAS 28 from 01 Jan, 2018 12:00 AM to 01 Jan, 2018 10:55 PM — London,
- 'Annual Improvements to IFRS Standards 2014–2016 Cycle' was issued on 8 December 2016. The amendments to IFRS 1 and IAS 28 are effective for annual periods beginning on or after 1 January 2018.
- Effective date of clarifications to IFRS 15 from 01 Jan, 2018 02:00 AM to 01 Jan, 2018 10:00 PM — London,
- 'Clarifications to IFRS 15 'Revenue from Contracts with Customers'' was issued by the IASB on 12 April 2016 and applies to an entity's first annual IFRS financial statements for a period beginning on or after 1 January 2018.
- Effective date of IAS 40 amendments from 01 Jan, 2018 12:00 AM to 01 Jan, 2018 10:55 PM — London,
- 'Transfers of Investment Property (Amendments to IAS 40)' was issued on 8 December 2016. The amendments are effective for periods beginning on or after 1 January 2018. Earlier application is permitted.
- Effective date of IFRIC 22 from 01 Jan, 2018 12:00 AM to 01 Jan, 2018 10:55 PM — London,
- IFRIC 22 'Foreign Currency Transactions and Advance Consideration' was issued on 8 December 2016. The standard is effective for annual reporting periods beginning on or after 1 January 2018. Earlier application is permitted.
- Effective date of IFRS 9 deferral option from 01 Jan, 2018 01:00 AM to 01 Jan, 2018 10:00 PM — London,
- On 12 September 2016, the IASB published 'Applying IFRS 9 'Financial Instruments' with IFRS 4 'Insurance Contracts'' providing two options for entities that issue insurance contracts within the scope of IFRS 4. An entity choosing to apply the IFRS 9 deferral approach does so for annual periods beginning on or after 1 January 2018.