2016 Omnibus Amendments to PBE Standards
These omnibus amendments include
- Amendments arising from Chapters 1–4 of the Public Benefit Entities’ Conceptual Framework;
- Amendments arising from Improvements to IPSASs 2015;
- Amendments arising from some IASB® amendments; and
- Editorial changes.
The above amendments to standards are effective for reporting periods beginning 1 January 2017, except for the amendments in Part D of the amending standard to PBE IPSAS 17 Property, Plant and Equipment and PBE IPSAS 27 Agriculture which are effective for periods beginning 1 January 2018.