The leasing standard IFRS 16 Leases, issued by the IASB covers the core principle of standard that lessees should recognise all leases on their balance sheet
This edition looks at the revised Conceptual Framework for Financial Reporting. IASB publications: Amendments to IAS 19 and Proposed amendments to IAS 8. ESMA’s report on what European accounting enforcers have been doing in 2018 and EFRAG Discussion Paper on Equity Instruments – Impairment and Recycling
This edition looks at the potential effect of the recent US tax reforms on IFRS preparers with operations in America. IFRS 9 Financial Instruments and IFRS 15 Revenue from Contracts with Customers. Amendments the IASB has recently made to its Standards. A summary of recently issued Standards and a list of IASB publications that are out for comment.
This publication provides a high-level summary of recent changes to IFRS that will affect companies' future financial reporting.
This Special Edition of IFRS News explains the key features of the new Standard for revenue recognition and provides practical insights into its application and impact.
The global IFRS team at Grant Thornton International Ltd has published consolidated example financial statements for the year ending 31 December 2016.
Practical insights and examples on IFRS 15 Revenue Recognition for companies in the real estate and construction industries.