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IFRS Technical Update
'IFRS (international accounting standards)' latest posts:
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...
23 January 2019
Immerse yourself in Accounting Standards
Sometimes a day’s course just isn’t enough. To truly further your knowledge in an area, you need to invest time and effort into your learning. We have a several courses that allow our attendees to fully immerse themselves in a topic area.
18 January 2019
Weekly Catch-Up, 17th January
The IFRS Foundation has published IFRS Taxonomy 2018- Proposed Update 2 general improvements for public consultation, with the aim of making the Taxonomy easier to use.
8 January 2019
The EBA has published a report on IFRS 9 implementation in particular around the first stages of IFRS 9 implementation, whilst a deeper analysis is in progress.