Update 10 - Ammendments to IFRSs

IFRS Update 10

 

The following IFRS amendments are effective for 31 December 2012 year end financial  statements:

1. IFRS 1 First-time Adoption of  International Financial Reporting Standards (Amendments)

2. IFRS 7 Financial Instruments: Disclosures (Amendments -  Transfers of Financial Assets)

3. IAS 12 Income Taxes (Amendments)

The amendments to IFRS 10, IFRS 12 and IAS 27 regarding investment entities are effective for 1 January 2014 with early adoption permitted.

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Agnieszka  Chamera
Agnieszka Chamera
Managing Partner of PKF Tax&Legal
Tax Advisor
+48 609 331 330

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