/ / Legal News
12.03.2018

Some documents of International Accounting Standards Board to be effective in Belarus as technical normative legal acts from 1 January 2019

Joint Resolution of the Council of Ministers of the Republic of Belarus and the National Bank of the Republic of Belarus of 1 March 2018 No 170/5 provides that the following documents issued by the International Accounting Standards Board shall be put in effect in Belarus as technical normative legal acts from 1 January 2019:
IFRS 17 'Insurance contracts'; IFRIC 23 'Uncertainty over Income Tax Treatments'; 'Long-term Interests in Associates and Joint Ventures (Amendments to IAS 28)'; 'Prepayment Features With Negative Compensation — amendments to IFRS 9'; 'Annual Improvements to IFRS Standards 2015–2017 Cycle'.

The Resolution was officially published in Russian on the National Legal Internet Portal of the Republic of Belarus on 8 March 2018.