The document discusses the 2011-2013 annual improvements cycle by the IASB, which includes an amendment to IFRS 1 for first-time adoption of International Financial Reporting Standards. It outlines the adoption of the US dollar as the functional and presentation currency by a company in Nicaragua, detailing the translation of monetary and non-monetary items, and the treatment of foreign currency transactions. It also covers policies on cash and restricted cash.
documents/vol00010-efta01367234-pdf.pdf
{"title":"Amendment #4","document_date":"2015-07-20","document_type":"legal","key_locations":["Nicaragua"],"document_subtype":"amendment","key_organizations":["IASB"],"reference_numbers":["DB-SDNY-0058762","SDNY_GM_00204946","EFTA01367234"]}