AASB 2010-7 - Amendments to Australian Accounting Standards arising from AASB 9 (December 2010) - December 2010
23Paragraph 2(b) is amended to read as follows, paragraph 40A is deleted and paragraph 40B is added:
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23 Paragraph 2(b) is amended to read as follows, paragraph 40A is deleted and paragraph 40B is added:
2 This Standard applies to all inventories, except:
(b) financial instruments (see AASB 132 Financial Instruments: Presentation and AASB 9 Financial Instruments); and
40A [Deleted by the IASB]
40B AASB 2010-7 Amendments to Australian Accounting Standards arising from AASB 9 (December 2010), issued in December 2010, amended paragraph 2(b) and deleted paragraph 40A. An entity shall apply those amendments when it applies AASB 9 as issued in December 2010.