# Commission Regulation (EC) No 708/2006 of 8 May 2006 amending Regulation (EC) No 1725/2003 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council as regards International Accounting Standard (IAS) 21 and International Financial Reporting Interpretations Committee’s (IFRIC) Interpretation 7 (Text with EEA relevance), Division Amendment to IAS 21: The Effects of Changes in Foreign Exchange Rates

Extent: E+W+S+N.I.

This document sets out amendments to IAS 21 The Effects of Changes in Foreign Exchange Rates. The amendments finalise proposals that were contained in Draft Technical Correction 1 Proposed Amendments to IAS 21 Net Investment in a Foreign Operation published in September 2005.
An entity shall apply the amendments in this document for annual periods beginning on or after 1 January 2006. Earlier application is encouraged.

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Source: https://www.legislation.gov.uk/eur/2006/708/annex/division/Amendment (the official version)
Page: https://openlegislation.uk/eu-regulation-2006-708/annex/division-Amendment
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.