The International Accounting Standards Board
(IASB) has issued amendments to seven IFRS, completing its 2008 to
2010 annual improvements cycle.

The changes include an amendment to IFRS 1
First-time Adoption of International Financial Reporting Standards
applicable to entities with operations subject to rate
regulation.

Unless otherwise specified, the amendments are
effective for annual periods beginning on or after 1 January 2011.
Earlier application is permitted.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData