IASB issues Equity Method in Separate Financial Statements (Amendments to IAS 27)

The IASB published Equity Method in Separate Financial Statements (Amendments to IAS 27). The amendments to IAS 27 will allow entities to use the equity method to account for investments in subsidiaries, joint ventures and associates in their separate financial statements.

For more information, please refer to IASB website.

Please find the press release herewith attached.