2014 IFRS 'Red Book' coming in March
18 Feb, 2014
The International Accounting Standards Board (IASB) has announced that the 2014 edition of the Bound Volume of International Financial Reporting Standards (the 'Red Book') is expected to be available in March.
The 'Red Book' contains all official pronouncements issued at 1 January 2014, including all pronouncements with an effective date after 1 January 2014, but not the pronouncements that will be replaced or superseded. Accordingly, the 2014 edition contains pronouncements as a result of amendments from IFRS 9 Financial Instruments (Hedge Accounting and amendments to IFRS 9, IFRS 7 and IAS 39), amendments to IAS 19, IAS 36, and IAS 39, two sets of Annual Improvements to IFRSs (2011-2013 and 2010-2012), one new Interpretation (IFRIC 21 Levies), and the IFRS Foundation Constitution and Due Process Handbook.
More information is available on the IASB's 'register my interest' webpage (link to IASB website).
