IASB concludes the Annual Improvements to IFRSs 2012-2014 Cycle
25 September 2014
The International Accounting Standards Board (IASB) today issued Annual Improvements to IFRSs 2012 2014 Cycle.
The IASB uses the Annual Improvements process to make necessary, but non-urgent, amendments to IFRSs if those amendments will not be included as part of any other project. By presenting the amendments in the form of a single document instead of as a series of piecemeal changes, the IASB aims to ease the burden of change for all concerned.