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

For more information, please see the press release on the IASB's website or our Annual improvements page.