Amendments to PBE Standards: Specific IFRIC Interpretations
(Amends PBE IPSAS 10, PBE IPSAS 19 and PBE IPSAS 39)
Amendments to PBE Standards: Specific IFRIC Interpretations is an amending Standard that updates PBE IPSAS 10, PBE IPSAS 19 and PBE IPSAS 39.
- Amendments to PBE IPSAS 10: These amendments add Appendix A, which clarifies how an entity restates its financial statements in the first year of hyperinflation.
- Amendments to PBE IPSAS 19: These amendments clarify the accounting for decommissioning, restoration and similar liabilities in Appendix A, as well as the scope of Appendix B, which relates to decommissioning, restoration and environmental rehabilitation funds.
- Amendments to PBE IPSAS 39: These amendments Add Appendix AA, which clarifies how an entity should consider limits on the defined benefit asset and minimum funding requirements when accounting for its post-employment defined benefits.
Commencement and Application
Application of the amendments is required for accounting periods which begin on or after 1 January 2027.
Application is permitted for accounting periods that begin before 1 January 2027 but have not ended or do not end before 17 July 2027.
Amendment
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Additional materials