The IASB has released a restructured version of IFRS 1 - First-time Adoption of International Financial Reporting Standards. 
      
    
    
      The IASB  has released a restructured version of IFRS  1 - First-time Adoption of International Financial Reporting Standards. 
 
The new version is effective for entities applying IFRSs for the first time for annual periods beginning on or after 1 January 2009. Earlier application is permitted. 
 
Press release
 
      
      
      
      
        
     
      
      
      
      
      
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