Commission Regulation (EU) No 2015/2441 of 18 December 2015

The Commission Regulation (EU) No 2015/2441 of 18 December 2015, published in the Official Journal of the European Union L 336 on 23 December 2015, adopts Amendments to IAS 27 Separate Financial Statements entitled Equity Method in Separate Financial Statements.

The objective of the Amendments is to permit entities to use the equity method, as described in IAS 28 Investments in Associates and Joint Ventures, to account for investments in subsidiaries, joint ventures and associates in their separate financial statements.

Each company shall apply the amendments, at the latest, as from the commencement date of its first financial year starting on or after 1 January 2016.