IASB invites comments on proposed amendment to IAS 40 and proposed annual improvements

The IASB published for public comment two Exposure Drafts.

The first covers a proposed narrow-scope amendment to the investment property Standard “Transfers of Investment Property (Proposed amendment to IAS 40)“.
The proposals are open for public comment until 18 March 2016.

The second Exposure Draft published for comment is on the Annual Improvements to IFRSs 2014-2016 Cycle, covering proposed amendments to IFRS 1 First-time Adoption of International Financial Reporting Standards, IFRS 12 Disclosure of Interest in Other Entities and IAS 28 Investments in Associates and Joint Ventures.
The proposals are open for public comment until 17 February 2016