IASB issues ED Investment Entities–Applying the Consolidation Exception (Proposed amendments to IFRS 10 and IAS 28)

The IASB published for public comment the Exposure Draft Investment Entities–Applying the Consolidation Exception (Proposed amendments to IFRS 10 and IAS 28). The proposed amendments to IFRS 10 and IAS 28 are designed to clarify some issues about the application of the requirement for investment entities to measure subsidiaries at fair value instead of consolidating them.

The document is open for comments until 15 September 2014.