Global Standards for the world economy

Tuesday 15 October 2019

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Amendments to IFRS 1

Exposure draft Additional Exemptions [2008/2009]


 Exposure draft and comment letters


On 25 September 2008, the IASB published an Exposure Draft of proposed Additional Exemptions for First-time Adopters: Amendments to IFRS 1.

In this exposure draft the International Accounting Standards Board proposes to amend IFRS 1 First-time Adoption of International Financial Reporting Standards to address potential challenges for jurisdictions adopting IFRSs in the near future.

The Board plans to publish later this year a reformatted version of IFRS 1, based on proposals published in October 2007. The reformatting will not affect the substance of the proposals in this exposure draft, which shows the proposed changes to IFRS 1 in its existing format.

Comment letters: Comments were due by 23 January 2009 . The comment period for this project is now closed.

View the Comment letters.

Access the due process documents


Due process documents
Exposure Draft:  Additional Exemptions for First-time Adopters (Proposed amendments to IFRS 1) [PDF, 450 KB]