EY IFRS Publications - The GAAP Site

Applying IFRS – Accounting for Climate Change

December 16, 2021December 18, 2021 alishan No Comments

This EY publication is intended to support entities in assessing the extent to which climate change affects their IFRS financial statements. Significant judgement may be required to identify the accounting considerations that are relevant to the entity’s specific facts and circumstances. Download this EY IFRS Resource Error happened.

EY IFRS Publications, IFRS

Applying IFRS – Accounting for SPACs November 2021

November 18, 2021December 18, 2021 alishan No Comments

Acquisition by a special purpose acquisition company (SPAC) offers private companies a way to go public without a traditional initial public offering. As the volume of SPAC transactions continues to grow, stakeholders, including regulators, continue to expect high quality financial reporting which appropriately addresses relevant accounting and disclosure matters. Download thie IFRS Resource Error happened.

EY IFRS Publications, IFRS

Accounting by holders of crypto-assets

October 14, 2021October 25, 2021 alishan No Comments

This EY publication considers the accounting by holders of crypto-assets. It has been updated for new illustrations and standard-setting development and examines classification, initial recognition and subsequent measurement of crypto-assets held and considerations for appropriate disclosure. At the time of writing, more than 12,000 different cryptocurrencies, crypto-coins and crypto-tokens were traded or listed on various…

EY IFRS Publications, IFRS

Energy Transition: carbon capture and storage accounting considerations

October 12, 2021October 25, 2021 alishan No Comments

This EY publication is part of a series that explores the accounting for emerging business models and arrangements for Energy Transition. In this issue, we explore certain accounting considerations associated with Carbon Capture and Storage (CCS) projects, particularly early-stage CCS projects. Download from EY IFRS Technical Resources Error happened.

EY IFRS Publications, IFRS

EY IGAAP Disclosure Checklist for Interim Condensed Financial Statements – IFRS at 31 August 2021

September 26, 2021September 26, 2021 alishan No Comments

This edition of the checklist is applicable for any interim periods of entities with a 30 June 2022 year end.
This EY disclosure checklist for interim condensed financial statements captures the disclosure requirements for IFRS standards and interpretations in issue at 31 August 2021.

EY IFRS Publications, IFRS

EY IGAAP Disclosure Checklist for Annual Financial Statements – IFRS in issue at 31 August 2021

September 26, 2021September 26, 2021 alishan No Comments

This edition of the checklist is applicable for entities with a 31 December 2021 year end.
This EY disclosure checklist for annual financial statements captures the disclosure requirements for IFRS standards and interpretations in issue on 31 August 2021.

EY IFRS Publications, IFRS

IFRS accounting primer for renewable energy power purchase agreements

September 4, 2021 alishan No Comments

This IFRS accounting primer for renewable energy power purchase agreements (PPAs) was produced by EY in collaboration with the Business Renewables Centre (BRC) Canada. It is intended to assist accounting professionals in off-taker organizations to understand and assess the potential accounting implications of renewable energy PPAs and explain such implications to internal stakeholders. Download directly…

EY IFRS Publications, IFRS

Interim reporting and IFRS 17

August 10, 2021September 26, 2021 alishan No Comments

As part of their implementation journey, preparers should consider the interrelationship between their current method and timing of reporting, and the requirements of IFRS 17. This EY (Ernst & Young) publication aims to help preparers navigate this journey and it includes considerations of “year-to-date” and “period-to-date” approaches and practical application of paragraph B137 of IFRS…

EY IFRS Publications, IFRS

EY IFRS illustrative consolidated financial statements

August 7, 2021August 21, 2021 alishan No Comments

This EY Publication contains illustrative consolidated financial statements for the year ending 31 December 2021 and is prepared in accordance with IFRS issued as at 30 June 2021 and effective for annual periods beginning on 1 January 2021 Download this IFRS resource Error happened.

EY IFRS Publications

Lease considerations for Power Purchase Agreements

August 2, 2021August 21, 2021 alishan No Comments

The use of Power Purchase Agreements (PPA) in the supply of renewable energy is on the rise. This EY publication focuses solely on the assessment of whether solar and wind energy PPAs contain a lease in accordance with IFRS 16 Leases. In most cases, other accounting standards, including IFRS 9 Financial Instruments and IAS 38 Intangible Assets, also…

EY IFRS Publications