Updated newsletter on recent revisions to IFRS 1
17 Dec 2008
On 8 December 2008 we posted a special edition of our 'IAS Plus Update' newsletter explaining the revised version of IFRS 1 'First-time Adoption of IFRSs' that the IASB had published on 25 November 2008.
At its meeting yesterday, the Board decided to change the effective date of the revised version of IFRS 1 from 1 January 2009 to 1 July 2009, effective immediately. Therefore, we have posted an updated version of the IAS Plus Update Newsletter – Revisions to IFRS 1 on First-time Adoption of IFRSs (PDF 113k) to reflect the change in effective date of restructured IFRS 1.