IASB publishes proposals for amendments under its annual improvements project (Annual Improvements Cycle 2012-2014)
The International Accounting Standards Board (IASB) today published for public comment an Exposure Draft of five proposed amendments to four International Financial Reporting Standards (IFRSs) under its annual improvements project. The project provides a streamlined process for dealing efficiently with a collection of narrow-scope amendments to IFRSs.
The proposed amendments reflect issues discussed by the IASB in the project cycle that began in 2012.