IASB issued amendments to IAS 28
On 26 June 2026, the International Accounting Standards Board (IASB) published ‘Amendments to the Fair Value Option for Investments in Associates and Joint Ventures (Amendments to IAS 28)’.
IASB Concluded the 2018–2020 Annual Improvements Cycle
On 14 May 2020, the IASB issued 'Annual Improvements to IFRS Standards 2018–2020'. The pronouncement contains amendments to four International Financial Reporting Standards (IFRSs).
Annual Improvements to IFRS Standards 2018–2020 make amendments to the following standards:
Effective date
The amendments to IFRS 1, IFRS 9, and IAS 41 published today are all effective for annual periods beginning on or after 1 January 2022. Early application is permitted. The amendment to IFRS 16 only regards an illustrative example, so no effective date is stated.
Sources: www.iasplus.com
