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  • Service: Audit, IFRS
  • Date: 12/13/2013

Narrow-scope amendments to IFRS 

As part of its annual improvements process, the IASB has published non-urgent but necessary final amendments and proposed amendments to IFRS.

Together, the two cycles of final amendments cover a total of nine standards, with consequential amendments to other standards. Most of the amendments will apply prospectively for annual periods beginning on or after 1 July 2014.


The cycle of proposed amendments would affect another four standards. Most of the proposals would apply retrospectively for annual periods beginning on or after 1 January 2016. Comments on the proposals are due to the IASB by 13 March 2014.

IFRS Newsletter: The Balancing Items - issue 6, December 2013

Feature image
This IFRS Newsletter: The Balancing Items brings into focus three cycles of amendments and proposed amendments to IFRS.

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