INTERNATIONAL ACCOUNTING STANDARDSImprovements to International Financial Reporting Standards Improvements to IFRSs Amendments to IFRS 1 First-time Adoption of International Financial Reporting...PRESENTATION AND DISCLOSURE 27IAS 8 does not apply to the changes in accounting...27AIf during the period covered by its first IFRS financial...Use of deemed cost for operations subject to rate regulation...31BIf an entity uses the exemption in paragraph D8B for...Interim financial reports 32To comply with paragraph 23, if an entity presents an...EFFECTIVE DATE 39EImprovements to IFRSs issued in May 2010 added paragraphs 27A,...Amendment to Appendix D of IFRS 1 First-time Adoption of...D1An entity may elect to use one or more of...Deemed cost D8A first-time adopter may have established a deemed cost in...D8BSome entities hold items of property, plant and equipment or...Amendments to IFRS 3 Business Combinations THE ACQUISITION METHOD Measurement principle 19For each business combination, the acquirer shall measure at the...Exceptions to the recognition or measurement principles Exceptions to the measurement principle Share-based payment transactions 30The acquirer shall measure a liability or an equity instrument...EFFECTIVE DATE AND TRANSITION Effective date 64BImprovements to IFRSs issued in May 2010 amended paragraphs 19,...64CParagraphs 65A–65E were added by Improvements to IFRSs issued in...Transition 65AContingent consideration balances arising from business combinations whose acquisition dates...65BIf a business combination agreement provides for an adjustment to...65CA business combination agreement may allow for adjustments to the...65DHowever, when a business combination agreement provides for such an...65EIn some circumstances, the acquirer may be required to make...Application guidance DETERMINING WHAT IS PART OF THE BUSINESS COMBINATION TRANSACTION (APPLICATION...Acquirer share-based payment awards exchanged for awards held by the...B56An acquirer may exchange its share-based payment awards (replacement awards)...Equity-settled share-based payment transactions of the acquiree B62AThe acquiree may have outstanding share-based payment transactions that the...B62BThe market-based measure of unvested share-based payment transactions is allocated...Appendix to amendments to IFRS 3Amendments to other IFRSs IFRS 7 Financial Instruments: Disclosures Paragraph...Amendments to other IFRSs IFRS 7Financial Instruments: Disclosures EFFECTIVE DATE AND TRANSITION 44BIFRS 3 (as revised in 2008) deleted paragraph 3(c). An...44KParagraph 44B was amended by Improvements to IFRSs issued in...IAS 32Financial Instruments: Presentation EFFECTIVE DATE AND TRANSITION 97BIFRS 3 (as revised in 2008) deleted paragraph 4(c). An...97GParagraph 97B was amended by Improvements to IFRSs issued in...IAS 39Financial Instruments: Recognition and Measurement EFFECTIVE DATE AND TRANSITION 103DIFRS 3 (as revised in 2008) deleted paragraph 2(f). An...103NParagraph 103D was amended by Improvements to IFRSs issued in...Amendments to IFRS 7Financial Instruments: Disclosures NATURE AND EXTENT OF RISKS ARISING FROM FINANCIAL INSTRUMENTS 32AProviding qualitative disclosures in the context of quantitative disclosures enables...Quantitative disclosures 34For each type of risk arising from financial instruments, an...Credit risk 36An entity shall disclose by class of financial instrument: Financial assets that are either past due or impaired 37An entity shall disclose by class of financial asset: Collateral and other credit enhancements obtained 38When an entity obtains financial or non-financial assets during the...EFFECTIVE DATE AND TRANSITION 44LImprovements to IFRSs issued in May 2010 added paragraph 32A...Amendments to IAS 1Presentation of Financial Statements STRUCTURE AND CONTENT Statement of changes in equity Information to be presented in the statement of changes in...106An entity shall present a statement of changes in equity...Information to be presented in the statement of changes in...106AFor each component of equity an entity shall present, either...107An entity shall present, either in the statement of changes...TRANSITION AND EFFECTIVE DATE 139FParagraphs 106 and 107 were amended and paragraph 106A was...Transition requirements for amendments arising as a result of IAS 27Consolidated and Separate Financial Statements Amendments to IFRSs IAS 21The Effects of Changes in Foreign Exchange Rates EFFECTIVE DATE AND TRANSITION 60BIAS 27 (as amended in 2008) added paragraphs 48A–48D and...60DParagraph 60B was amended by Improvements to IFRSs issued in...IAS 28Investments in Associates EFFECTIVE DATE AND TRANSITION 41BIAS 27 (as amended in 2008) amended paragraphs 18, 19...41EParagraph 41B was amended by Improvements to IFRSs issued in...IAS 31Interests in Joint Ventures EFFECTIVE DATE AND TRANSITION 58AIAS 27 (as amended in 2008) amended paragraphs 45 and...58DParagraph 58A was amended by Improvements to IFRSs issued in...Amendments to IAS 34Interim Financial Reporting CONTENT OF AN INTERIM FINANCIAL REPORT Significant events and transactions 15An entity shall include in its interim financial report an...15AA user of an entity’s interim financial report will have...15BThe following is a list of events and transactions for...15CIndividual IFRSs provide guidance regarding disclosure requirements for many of...16–18[Deleted] Other disclosures 16AIn addition to disclosing significant events and transactions in accordance...EFFECTIVE DATE 49Paragraph 15 was amended, paragraphs 15A–15C and 16A were added...Amendment to IFRIC 13Customer Loyalty Programmes EFFECTIVE DATE AND TRANSITION 10AParagraph AG2 was amended by Improvements to IFRSs issued in...AppendixApplication guidance AG2An entity may estimate the fair value of award credits...
Commission Regulation (EU) No 149/2011
of 18 February 2011
amending Regulation (EC) No 1126/2008 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council as regards Improvements to International Financial Reporting Standards (IFRSs)
(Text with EEA relevance) (revoked)
F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Annotations:
Amendments (Textual)
Regulation revoked (31.12.2020) by The International Accounting Standards and European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/685), reg. 1(2), Sch. 2 para. 30 (with reg. 20(2)) (as amended by S.I. 2020/335, regs. 1, 5); 2020 c. 1, Sch. 5 para. 1(1)