Find latest publication on US GAAP,IFRS and Canadian ASPE
Find latest publication on US GAAP,IFRS and Canadian ASPE
This IGAAP® Disclosure Checklist contains IFRS disclosure requirements for annual financial statements with a 30 June 2021 year end. Please visit Source website below to download Disclosure Checklist Source: EY IFRS Technical Resources
EPS is an important metric that is widely used by analysts and other external users of financial statements, as well as by management. However, despite IAS 33 Earnings per Share being in existence for some years, questions on how to apply this…
On 28 May 2014, the International Accounting Standards Board (IASB) published IFRS 15 Revenue from Contracts with Customers. IFRS 15 sets out a single and comprehensive framework for revenue recognition, which supersedes (IAS 18 Revenue and IAS 11 Construction Contracts)…
IAS 36 Impairment of Assets sets out requirements for impairment which cover a range of assets (and groups of assets, termed ‘cash generating units’ or CGUs). A number of assets are excluded from its scope (e.g. financial instruments and inventories)…
This afternoon, I was doing some research on Debt Modifications under IFRS 9 and found this article quite helpful on one of the aspects I needed help with. Amazing work by Sarah Carroll at Grant Thornton UK. Flowchart is instrumental…
This appendix to Deloitte’s IFRS model financial statements 2020 illustrates the disclosures resulting from the IBOR Reform Phase 1 and Phase 2 amendments. Source: IAS PLUS
BDO issues updated IFRS in Practice on impairment of assets – includes guidance on the impact of COVID-19 BDO has released its most up to date guidance on IAS 36 Impairment of Assets. The recent effects of COVID-19 have highlighted the…
Reporting revenue under IFRS 15 Revenue from Contracts with Customers is now one of your ordinary activities. So this feels like the right time to take stock – to pull together, in one place, what KPMG has learned about this new world…
This guide is intended to assist preparers and users of financial statements to understand the impact of IFRS 16 Leases, issued in January 2016 and effective for accounting periods beginning on or after 1 January 2019. A useful resource on…
The updated EY Publication “Applying IFRS on IFRS 16 Leases” includes changes to address evolving implementation issues. It analyses the standard and discusses the implementation issues, including recent discussions by the IASB and the IFRS Interpretations Committee. It also provides…