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Exposure Draft November 2015

Annual Improvements to IFRSs 2014–2016 Cycle Exposure Draft and Comment letters (ED/2015/10)

The IASB has a streamlined process for dealing efficiently with issues related to inconsistencies in the application of Standards and where there is a need to clarify the wording in a Standard. This entails combining a collection of proposed narrow-scope amendments into annual improvement cycles and exposing them for public comment collectively.

The IASB published the Exposure Draft Annual Improvements to IFRSs 2014-2016 Cycle on 19 November 2015. This covers proposed amendments to IFRS 1 First-time Adoption of International Financial Reporting Standards, IFRS 12 Disclosure of Interest in Other Entities and IAS 28 Investments in Associates and Joint Ventures.

Comment letters


The IASB is seeking comments on this Exposure Draft by 17 February 2016.

Please note: when submitting a comment letter or when communicating with the IFRS Foundation, the IASB or any of its constituent bodies, you acknowledge and accept the IFRS Foundation Privacy Policy, which details how we use and process your data.

View the Comment Letters.



Due process documents
Exposure Draft: Annual Improvements to IFRSs 2014–2016 Cycle [PDF]
Exposé-sondage: Améliorations annuelles des IFRS — Cycle 2014–2016 [PDF] (French)
Date limite de réception des commentaires: 17 février 2016
Proyecto de Norma: Mejoras Anuales a las NIIF, Ciclo 2014–2016 [PDF] (Spanish)
Recepción de comentarios hasta el 17 de febrero de 2016
公開草案: IFRSの年次改善 2014-2016年サイクル [PDF] (Japanese)


Project contact

Denise Durant
Technical Manager