IASB revised version of IFRS 1

26 November 2008

The IASB has released a restructured version of IFRS 1 - First-time Adoption of International Financial Reporting Standards.

The IASB has released a restructured version of IFRS 1 - First-time Adoption of International Financial Reporting Standards.

 

The new version is effective for entities applying IFRSs for the first time for annual periods beginning on or after 1 January 2009. Earlier application is permitted.

 

Press release