IASB proposes to defer the effective date of the amendment "Sale or Contribution of Assets between an Investor and its Associate or Joint Venture"
9 September 2015
This edition outlines the proposed amendments to IFRS 10 Consolidated Financial Statements and IAS 28 Investments in Associates and Joint Ventures set out in ED/2015/7 Effective Date of Amendments to IFRS 10 and IAS 28, which was issued in August 2015 for public comment.
- The IASB issued an exposure draft that proposes to defer indefinitely the effective date of the narrow-scope amendment "Sale or Contribution of Assets between an Investor and its Associate or Joint Venture".
- Early application of the amendment remains permitted.
- Comments on the proposed amendments are requested by 9 October 2015.