Newsletter on proposed amendments to IFRICs 9 and 16

  • iaspupdate.jpg Image

06 Feb 2009

Deloitte's IFRS Global Office has published an IAS Plus Update Newsletter Amendments proposed for IFRICs 9 and 16.

The newsletter discusses a proposal, published by the IASB on 30 January 2009, to amend IFRIC 9 Reassessment of Embedded Derivatives and IFRIC 16 Hedges of a Net Investment in a Foreign Operation as follows:
  • IFRIC 9: To exclude from its scope embedded derivatives in contracts acquired in common control transactions or in the formation of a joint venture
  • IFRIC 16: To allow entities to designate as a hedging instrument in a hedge of a net investment in a foreign operation an instrument that is held by the foreign operation that is being hedged
Comment deadline is 2 March 2009.
Click to view:


Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.