The Institute has today issued a new set of Guidance Notes entitled TECH 01/14, Interaction between the amendments to IFRS 10, IFRS 12 and IAS 27 regarding investment entities and the Seventh Directive.
The scope of these guidance notes is to assist Members in complying with the relevant requirements in European Directives and Generally Accepted Accounting Principles and Practice (GAAP) as defined in the Accountancy Profession (Accounting and Auditing Standards) Regulations issued in terms of the Accountancy Profession Act (Chapter 281 of the Laws of Malta), namely the requirements to be found in IFRS 10, IFRS 12, and IAS 27.
The Guidance Notes are freely downloadable by Members from the ‘Guidance Notes’ e-library on the Institute's website which can be accessed after
log in.