# Commission Regulation (EC) No 70/2009 of 23 January 2009 amending Regulation (EC) No 1126/2008 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council as regards Improvements to International Financial Reporting Standards (IFRSs) (Text with EEA relevance) (revoked)

EU Regulation No 70/2009 · adopted 23 January 2009

Commission Regulation (EC) No 70/2009 of 23 January 2009 amending Regulation (EC) No 1126/2008 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council as regards Improvements to International Financial Reporting Standards (IFRSs) (Text with EEA relevance)

## Introductory text

Commission Regulation (EC) No 70/2009
of 23 January 2009
amending Regulation (EC) No 1126/2008 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council as regards Improvements to International Financial Reporting Standards (IFRSs)
(Text with EEA relevance) (revoked)
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## 2 

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## 3 

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## Signature

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## IMPROVEMENTS TO IFRSs

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## PART I 

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## Amendments to International Financial Reporting St Non-current Assets Held for Sale and Discontinued Operations

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## CLASSIFICATION OF NON-CURRENT ASSETS (OR DISPOSAL GROUPS) AS HELD FOR SALE

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## 8A 

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## Presenting discontinued operations

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## 36A 

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## EFFECTIVE DATE

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## 44C 

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## Appendix to Amendments to IFRS 5 Amendments to IFRS 1

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## IFRS 1 First-time Adoption of International Financial Reporting Standards

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## RECOGNITION AND MEASUREMENT

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## Exceptions to retrospective application of other I Non-controlling interests

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## 34C A first-time adopter shall apply the following requirements of IAS 27 Consolidated and Separate Financial Statements (as amended in 2008) prospectively from the date of transition to IFRSs:

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## EFFECTIVE DATE

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## 47L 

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## Amendment to International Accounting Standard 23 Borrowing Costs (as revised in 2007)

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## DEFINITIONS

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## 6 Borrowing costs may include:

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## EFFECTIVE DATE

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## 29A 

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## PART II 

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## Amendments to International Accounting Standard 8 Accounting Policies, Changes in Accounting Estimates and Errors

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## ACCOUNTING POLICIES

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## Selection and application of accounting policies

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## 7 

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## 9 

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## 11 In making the judgement described in paragraph 10, management shall refer to, and consider the applicability of, the following sources in descending order:

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## Amendment to International Accounting Standard 10 Events after the Reporting Period

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## 13 

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## Appendix to Amendments to IAS 20 Amendments to IAS 41

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## IAS 41 Agriculture

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## GOVERNMENT GRANTS

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## 35 

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## 36 

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Source: https://www.legislation.gov.uk/eur/2009/70 (the official version)
Page: https://openlegislation.uk/eu-regulation-2009-70
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.