Following the uncertainty arising from the current economic shock, prudential and securities regulators have published guidelines for the application of IFRS 9 in the context of the COVID-19 pandemic.
The spread of the Coronavirus is impacting businesses around the world. Entities need to carefully consider the accounting implications of this situation. This IFRS Alert considers the impact of the Coronavirus on 31 December 2019 year ends.
We begin this third edition of the year by looking at the publication of IFRS 17 ‘Insurance Contracts’. Twenty years in the making, this new Standard will have an impact on entities’ data, technology solutions and investor relations as well as their financial reporting.
After twenty years of development the IASB has published IFRS 17 ‘Insurance Contracts’, find out more.
IFRS News is your quarterly update on all things relating to International Financial Reporting Standards. We’ll bring you up to speed on topical issues, provide comment and points of view and give you a summary of any significant developments.
Practical guidance when facing the challenges in assessing control under IFRS 10 ‘Consolidated financial statements’.
IFRS News is your quarterly update on all things relating to International Financial Reporting Standards. We’ll bring you up to speed on topical issues, provide comment and points of view and give you a summary of any significant developments.
This publication provides a high-level summary of recent changes to IFRS that will affect companies' future financial reporting.
Potential financial reporting implications of 'Brexit'
Although some see International Financial Reporting Standards (IFRS) as a regulatory burden, the evidence suggests that global standards actually oil and accelerate the wheels of global economic growth. Andrew Watchman explains.