IAS Plus Newsletter on revisions to IAS 1
02 Oct 2007
Deloitte's IFRS Global Office has published a special edition Presentation of Financial Statements.
The revisions to IAS 1, which the IASB published on 6 September 2007, represent the first step in the Board's comprehensive project on reporting financial information. The main changes from the previous version of IAS 1 are to require that an entity must:
The revised Standard is effective for annual periods beginning on or after 1 January 2009, with early application permitted. You will find all Past IAS Plus Newsletters Here.
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