View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
September 30, 2010

IASB amends IFRS 1 with severe hyperinflation

The international standard setter has issued a proposed amendment to IFRS 1 First-time Adoption of IFRS.

The International Accounting Standards Board (IASB) proposes guidance on how an entity should resume presenting financial statements in accordance with IFRS after a period when an entity is unable to comply with IFRS because its functional currency is subject to severe hyperinflation.

The IASB has requested comments on its Severe Hyperinflation draft, by 30 November 2010.

 

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to International Accounting Bulletin