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IFRS Technical Update
'IFRS (international accounting standards)' latest posts:
10 June 2019
The Future of Accountancy – a closer look at the challenges of cryptocurrencies
Over the centuries, money has evolved. From bartering with necklaces and gems to using coins, paper money and now plastic cards. We’re now in the next phases of the evolution of money as we move from electronic money to cryptocurrencies.
8 May 2019
Cricket and courses
Still undecided on where to go for the latest IASeminars courses this summer? Well something special is happening in the UK this summer which may lean you towards London!
2 May 2019
Take your accountancy career up a notch
In any career it’s easy to get stuck in a rut and wonder what you can do to progress to the next level. Maybe you’re stuck in your comfort zone, or else you feel you lack the skills to develop further. Worry no further!
25 April 2019
Weekly Catch-Up 14th April
If you have an accounting period beginning on or after 1 January 2019, you will likely find yourself coming up against IFRS 16. This is a major change for how leases are treated and eliminates nearly all off-balance sheet accounting for leases.
19 March 2019
What’s so tricky about IFRS 17?
There have been more than a few eye-catching headliners around about IFRS 17 – “a whole new perspective”, “a game changer”, ”a light shining through darkness”, “the dawn of a new era” - all of which, of course, are true.
8 March 2019
Weekly Catch-Up 6th March
Gloria Zvaravanhu who has been newly appointed as chief executive of the Institute of Chartered Accountants of Zimbabwe, talks about her new role.
25 February 2019
Weekly Catch-Up 22th February
When IFRS 15 was published in May 2014, it significantly impacted real estate companies as they were able to recognise revenue over a construction period, as long as certain conditions were met.
13 February 2019
Weekly Catch-Up 13th February
A new campaign by the UK government called Flag it up, is being used to promote best practice in anti-money laundering compliance. The national Strategic Assessment of Serious and Organised Crime 2018 by the National Crime Agency suggests that...
4 February 2019
Three IFRS Updates for analysis of financial statements
If you analyse IFRS financial statements, there are three key updates that you must be aware of:
25 January 2019
Weekly Catch-Up 25th January
The IASB have targeted three main areas for improvement for IFRS 17 in their January board meeting. The proposed improvements, voted in by the board, are linked to the recognition of contract costs, reinsurance contracts and...