IASB publishes editorial corrections
21 Sep, 2016
The IASB has published a batch of editorial corrections that impact consequential amendments, stand-alone standards, and the IASB's “Blue Book”, "Red Book", and "Green Book".
The editorial corrections affect the following consequential amendments made by IFRS 16 Leases:
- Implementation guidance of IFRS 4 Insurance Contracts
The editorial corrections affect the following individual pronouncements:
- Recognition of Deferred Tax Assets for Unrealised Losses (Amendments to IAS 12)
- Classification and Measurement of Share-Based Payment Transactions (Amendments to IFRS 2)
Editorial corrections to the IASB's Blue Book, Red Book, and Green Book affect the following standards:
- IFRS 1 First-time Adoption of International Financial Reporting Standards
- IAS 7 Statement of Cash Flows
Editorial corrections do not change the meaning or application of pronouncements, but instead correct inadvertent errors. The editorial corrections can be viewed on the editorial corrections page of the IASB's website.