New Amendments effective 1 January 2022

New Amendments with regards to Annual Improvements to IFRS 2018 – 2020 Cycle, IAS 16 Property, plant and equipment (Proceeds before intended use), and IAS 37 Provisions, Contingent Liabilities and Contingent Assets (Onerous Contracts – Costs of fulfilling a contract) will come into effect 1 January 2022.View PDF