2016 Omnibus Amendments to PBE Standards

  • Not-for-profit
  • Public Sector

These omnibus amendments include

  1. Amendments arising from Chapters 1–4 of the Public Benefit Entities’ Conceptual Framework;
  2. Amendments arising from Improvements to IPSASs 2015;
  3. Amendments arising from some IASB® amendments; and
  4. 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.

  • 2016 Omnibus Amendments to PBE Standards – This version is effective for reporting periods beginning on or after 1 Jan 2017

    Date of issue: Jan 2017