13 March 2012: IASB issues amendment to IFRS 1 regarding government loans

This item was filled under General

The IASB has issued Government Loans (Amendments to IFRS 1). This amendment addresses how a first-time adopter would account for a government loan with a below-market rate of interest when transitioning to IFRSs.

You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.