25 August 2011: IASB proposes consolidation exemption for ‘investment entities’
Posted by mostafa on 25 August, 2011
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This item was filled under Accounting
The International Accounting Standards Board (IASB) has published Exposure Draft ED/2011/4 ‘Investment Entities’, proposing to define ‘investment entities’ as a separate type of entity that would be exempt from the consolidation accounting requirements in IFRS 10 ‘Consolidated Financial Statements’.