IASB proposes to exempt investment entities from consolidation requirements
The International Accounting Standards Board (IASB) published today proposals to define investment entities as a separate type of entity that would be exempt from the accounting requirements in IFRS 10 Consolidated Financial Statements. http://www.ifrs.org/Alerts/PressRelease/ED+investment+entities+aug+2011.htm
IASB proposes adjustment to effective date of IFRS 9
The International Accounting Standards Board (IASB) published today for public comment an exposure draft of proposals to adjust the mandatory effective date of IFRS 9 Financial Instruments. The exposure draft proposes an effective date of 1 January 2015 (currently 1 January 2013) for IFRS 9.