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Archive by category: IFRS (international accounting) Return
October 2017
In September 2017, the International Accounting Standards Board published an Exposure Draft of narrow-scope amendments to IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors. ED/2017/5 remains open for comment until 15 January 2018.
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September 2017
The IASB has issued several new and amended Standards and Interpretations which have not yet entered into force and consequently, in most cases, have not yet been applied.
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January 2017
2017 is critical for preparers to finalise their detailed plans for applying in 2018 two key Standards, IFRS 9 Financial Instruments and IFRS 15 Revenue from Contracts with Customers.
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May 2016
At the end of a day's training here in Africa the client's CFO called me to his office. "Rob... we have a problem".
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IFRS 16 Leases replaces IAS 17 (and three Interpretations) for annual periods beginning on or after 1 January 2019.
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February 2016
Heraclitus, an ancient Greek philosopher who lived around 500 BC said "The only thing that is constant is change." This quote is apt for the world of banking in the 21st century.
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January 2016
It was the week before Christmas and excitement filled the air. News channels were locked onto the story, covering events second-by-second. Tick, tick, tick. TV cameras focused on a distant spacecraft, ready to launch.
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New Year, new standard. IFRS 16, the new leasing standard is here at last. Listening to the webinar, live from IASB Central as the Board issued its long awaited guidance, two comments stuck in my mind.
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November 2015
It's a longstanding question - should U.S. companies be permitted to use International Financial Reporting Standards (IFRS), which have already been adopted in over 100 other countries?
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October 2015
For us trainers engrossed in IFRS, do we start to see accounting issues wherever we go? Could this be so? This thought came to mind recently whilst perusing my music collection, of all things!
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