• Service: Audit, Financial Statement Audit, Financial Reporting & Accounting Standards, Accounting Advisory Services, International Financial Reporting Standards (IFRS)
  • Type: Regulatory update
  • Date: 25/07/2014

IFRS In the Headlines

IFRS In the Headlines
In the Headlines (formerly IFRS Briefing Sheets) provide a timely update on International Financial Reporting Standards (IFRS) developments.

Equity method in separate financial statements (2014/14) 

This In the Headlines looks at amendments issued by the IASB to allow equity accounting in separate financial statements under IFRS, offering a new option for subsidiaries, associates and joint ventures.
Effective date
The amendments apply retrospectively for annual periods beginning on or after 1 January 2016. Early adoption is permitted.