EU published amendments to IAS 16 and IAS 41

The European Union has published the Commission Regulation (EC) No 2015/2113 of 23 November 2015 amending Regulation (EC) No 1226/2008 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council in the Official Journal on 24 November 2015.

With this Regulation amendments to IAS 16 and IAS 41 Agriculture: Bearer Plants are adopted. (IAS 16 Property, Plant and Equipment/ IAS 41 Agriculture)