This document sets out amendments to International Financial Reporting Standards (IFRSs) and the related bases for conclusions and guidance made during the International Accounting Standards Board’s Annual Improvements process.
The following table shows the topics addressed by these amendments.
|IFRS||Subject of amendment|
IFRS 1 First-time Adoption of
|Meaning of effective IFRSs.|
|IFRS 3 Business Combinations||Scope exceptions for joint ventures.|
|IFRS 13 Fair Value Measurement||
Scope of paragraph 52 (portfolio
|IAS 40 Investment Property||
Clarifying the interrelationship of IFRS 3