{"id":421,"date":"2017-10-17T11:04:46","date_gmt":"2017-10-17T03:04:46","guid":{"rendered":"http:\/\/ehluar.com\/main\/?p=421"},"modified":"2018-03-06T11:09:19","modified_gmt":"2018-03-06T03:09:19","slug":"iasb-has-issued-amendments-to-ifrs-9-and-ias-28","status":"publish","type":"post","link":"http:\/\/ehluar.com\/main\/2017\/10\/17\/iasb-has-issued-amendments-to-ifrs-9-and-ias-28\/","title":{"rendered":"IASB has issued Amendments to IFRS 9 and IAS 28"},"content":{"rendered":"<p>The International Accounting Standards Board (IASB) has issued an amendments to IFRS 9 Financial Instruments and to IAS 28 Investments in Associates and Joint Ventures to aid implementation on 12 October 2017.<\/p>\n<p>The amendments to the IFRS 9 Financial instruments, allow companies to measure particular prepayable financial assets with so-called negative compensation at amortised cost or at fair value through other comprehensive income if a specified condition is met \u2013 instead of at fair value through profit or loss.<\/p>\n<p>The amendments to IAS 28 Investments in Associates and Joint Ventures clarify that companies account for long-term interests in an associate or joint venture \u2013 to which the equity method is not applied \u2013 using IFRS 9.<\/p>\n<p>IASB has also published an illustration on how companies apply the requirements in IFRS 9 and IAS 28 to long-term interests in an associate or joint venture.<\/p>\n<p>More details can be viewed from the IFRS website.<\/p>\n<p>Source: IFRS, 17 October 2017<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The International Accounting Standards Board (IASB) has issued an amendments to IFRS 9 Financial Instruments and to IAS 28 Investments in Associates and Joint Ventures to aid implementation on 12 October 2017. The amendments to the IFRS 9 Financial instruments, allow companies to measure particular prepayable financial assets with so-called negative compensation at amortised cost [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7,6],"tags":[],"class_list":["post-421","post","type-post","status-publish","format-standard","hentry","category-accounting","category-techupdates"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/comments?post=421"}],"version-history":[{"count":1,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/421\/revisions"}],"predecessor-version":[{"id":422,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/421\/revisions\/422"}],"wp:attachment":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/media?parent=421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/categories?post=421"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/tags?post=421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}