IASB Concludes the 2009-2011 Annual Improvements Cycle
The IASB issued Annual Improvements 2009-2011 cycle, a collection of amendments to IFRSs, in response to issues addressed during the 2009–2011 cycle.
Annual Improvements 2009-2011 provides amendments to the following standards:
o IFRS 1 First-time Adoption of International Financial Reporting Standards
o IAS 1 Presentation of Financial Statements
o IAS 16 Property, Plant and Equipment
o IAS 32 Financial Instruments: Presentation
o IAS 34 Interim Financial Reporting