The International Accounting Standards Board (IASB), issued amendments to a standard related to financial statement presentation and disclosure, which enable more professional judgment in preparing financials.
Amendments to IAS 1 can be applied now, but are mandatory for periods beginning on or after January 1, 2016.
For more information, please visit the reference article or contact Patrick Mutchler at (231) 726-5870 or pmutchler@brickleydelong.com.
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