The IASB has published a batch of editorial corrections that retract a previous correction and impact consequential amendments and stand-alone standards.
The retraction of a previous correction regards an editorial correction to IFRS 9 Financial Instruments published in July 2014.
The editorial corrections regarding consequential amendments affect
- IFRS 15 Revenue from Contracts with Customers.
The editorial corrections stand-alone standards affect:
- IFRS 9 Financial Instruments and
- Applying IFRS 9 ‘Financial Instruments’ with IFRS 4 ‘Insurance Contracts’ (Amendments to IFRS 4).
Editorial corrections do not change the meaning or application of pronouncements, but instead correct inadvertent errors. The editorial corrections can be viewed on the editorial corrections page of the IASB’s website.
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