TECHNICAL
ACCOUNTING APB APPROVES AMENDMENTS, IMPROVEMENTS, INTERPRETATIONS At its meeting on 1 August 2008, the Accounting Practices Board (APB) approved the following for issue as amendments, improvements or interpretations of Statements of GAAP: Amendments to IFRS 1(AC 138) − First-time Adoption of International Financial Reporting Standards and IAS 27(AC 132) – Consolidated and Separate Financial Statements:…
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