Read our insights

IFRS news is your quarterly update on things relating to International Financial Reporting Standards (IFRS). We’ll bring you up to speed on topical issues and significant developments, provide comments and give our point of view.

The member firms within Grant Thornton International Ltd (GTIL) have extensive expertise in the application of IFRS. GTIL, through its IFRS team, develops guidance that supports its member firms’ commitment to high quality, consistent application of IFRS and is pleased to share these insights by publishing ‘Example Interim Consolidated Financial Statements 2019'.

Technology companies are now more vulnerable to cyber attacks and customer data breaches than ever before and must adopt a new approach to digital risk. See our five recommendations for building and maintaining digital trust.

In 2019, our Women in business campaign focuses on the real world and seeking solutions to leadership diversity. What is holding back women in leadership? How can we put in place a blueprint for action?

In January 2016, the International Accounting Standards Board (IASB) issued IFRS 16 Leasing, which represents the first major overhaul in lease accounting for over 30 years, we summarize key areas.

Our IFRS 16 - Lease payments article aims to help you judge which payments needs to be recognised when measuring liability

IFRS 16 makes significant changes to sale and leaseback accounting. Our article provides insight on sale and leaseback transactions when transitioning to IFRS 16

Grant Thornton interviewed 5000 mid-market business leaders as part of the International Business Report, find out how respondents felt about the future and the global economic outlook

Our 2019 Women in business report: building a blueprint for action explores how to build momentum and drive change. Outlining practical steps to increase the number of women in senior management, across all job roles, industries and regions

IFRS News: your quarterly update on all things relating to International Financial Reporting Standards. BREXIT, IASB proposals, review of IFRS 9 Financial Instruments and IFRS 15 Revenue from Contracts with Customers

IFRS 16 provides significant transition reliefs to make first time application simpler. The article provides insight on the various choices available and how they impact the balance sheet and income statement.

IFRS 15 covers Revenue from Contracts with Customers. This article looks at what it means for an asset to have ‘no alternative use’ when dealing with a contract for the sale of a single apartment contained within a multi-unit residential complex currently under construction.

Indirect taxation is not as easy as it seems, from pricing and reputational risks to the threat of systems overload and cash flow disruption. In this article we look at how to best manage the hidden complexities of indirect taxation.

As businesses come to terms with a skilled worker shortage. Are technology and mobility two options for businesses struggling to find talent?

A look at the commercial implications and interpretations of the new 2018 IFRS Standards issued and amendments made to existing IFRS standards

Ascertaining IFRS 16 and what to consider when determining lease terms.