Effective dates

Learning objectives

• Find the effective dates of the amendments.L1, L2

Normative references

• IAS 40 §85Effective date: annual periods beginning on or after 1 January 2005; earlier application is encouraged, and that fact is disclosed if the Standard is applied to a period beginning before that date.
• IAS 40 §85G2016 amendment on transfers (paras. 57-58 amended, paras. 84C-84E added): applicable to annual periods beginning on or after 1 January 2018, with earlier application permitted if that fact is disclosed.

Original summaries of the paragraphs (reference register), never a quotation of the standard.

2 questions

• From which periods does the 2016 amendment on transfers apply?L2
• A compliance officer comments on the effective dates of amendments to IAS 40. Which of the officer's statements is incorrect?L2