ANNEXINTERNATIONAL ACCOUNTING STANDARDS
AMENDMENT TO IFRS 1First-time Adoption of International Financial Reporting Standards
Paragraph 39F is added.
EFFECTIVE DATE
39F
Disclosures—Transfers of Financial Assets (Amendments to IFRS 7), issued in October 2010, added paragraph E4. An entity shall apply that amendment for annual periods beginning on or after 1 July 2011. Earlier application is permitted. If an entity applies the amendment for an earlier period, it shall disclose that fact.
Appendix EShort-term exemptions from IFRSs
Paragraph E4 and a footnote are added.
Disclosures about financial instruments
E4
A first-time adopter may apply the transitional provisions in paragraph 44M of IFRS 75.