IASB issues Annual Improvements to IFRSs 2012-2014 Cycle

The IASB issued Annual Improvements to IFRSs 2012-2014 Cycle.
Annual Improvements to IFRSs 2012–2014 Cycle is a series of amendments to IFRSs in response to issues raised during the 2012-2014 cycle for annual improvements. These amendments result from proposals that were contained in the Exposure Draft Proposed amendments to IFRS, Annual Improvements to IFRSs 2012–2014 Cycle, published in December 2013.
The effective date of the amendments is 1 January 2016.
For more information, please refer to IASB website.
Please find the press release herewith attached.