Effective dates of pronouncements (2016)

Related Dates
Effective date of 2012-2014 annual improvements
01 Jan 2016
'Annual Improvements to IFRSs 2012 2014 Cycle' was issued by the IASB on 25 September
2014 and is applicable to annual periods beginning on or after 1 January 2016, with earlier
adoption permitted.
Effective date of IFRS 14
01 Jan 2016
IFRS 14 'Regulatory Deferral Accounts' was issued by the IASB on 30 January 2014 and is
applies to an entity's first annual IFRS financial statements for a period beginning on or after 1
January 2016.
Effective date for IFRS 10, IFRS 12 and IAS 28 amend ments
01 Jan 2016
'Investment Entities: Applying the Consolidation Exception (Amendments to IFRS 10, IFRS 12
and IAS 28)' was issued on 18 December 2014. The amendments address issues that have arisen
in the context of applying the consolidation exception for investment entities. They are effective
for annual periods beginning on or after 1 January 2016, with earlier application being permitted.
Effective date for IAS 1 amend ments
01 Jan 2016
'Disclosure Initiative (Amendments to IAS 1)' was issued on 18 December 2014. The amendments aim at clarifying IAS 1 to address perceived impediments to preparers exercising their
judgement in presenting their financial reports. They are effective for annual periods beginning
on or after 1 January 2016, with earlier application being permitted.
Effective date of amendments to IAS 27
01 Jan 2016
'Equity Method in Separate Financial Statements (Amendments to IAS 27)' was issued on 12
August 2014. The amendments are effective for annual periods beginning on or after 1 January
2016, with earlier application being permitted.
Effective date of amendments to IAS 16 and IAS 41
01 Jan 2016
'Agriculture: Bearer Plants (Amendments to IAS 16 and IAS 41)' was issued on 30 June 2014.
The amendments are applicable to annual periods beginning on or after 1 January 2016.
Effective date of amendments to IAS 16 and IAS 38
01 Jan 2016

'Clarification of Acceptable Methods of Depreciation and Amortisation (Amendments to IAS 16

and IAS 38)' was issued on 12 May 2014 and is effective for annual periods beginning on or after
1 January 2016.
Effective date of IFRS 11 amend ments
01 Jan 2016
'Accounting for Acquisitions of Interests in Joint Operations (Amendments to IFRS 11)' was
issued on 6 May 2014 and is effective for annual periods beginning on or after 1 January 2016.

IFRS 14

IFRS 10