Mixed response to RBA rate rise
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The IASB has postponed when entities must change some aspects of how they account for transactions between investors and associates or joint ventures until it completes a broader review.
The postponement applies to changes introduced by the IASB in 2014 through narrow-scope amendments to IFRS 10 Consolidated Financial Statements and IAS 28 Investments in Associates and Joint Ventures.
Read the full story at Accountancy Age.