In the October 2021 meeting, the IASB deliberated on the proposed amendment aiming at companies to improve usefulness of the comparative information presented on initial application of IFRS17 and IFRS 9. This article is part of our IFRS technical updates newsletter.
This amendment was released by the IASB on 7 May 2021. This amendment looks at the deferred tax related to assets and liabilities arising from a single transaction. This article is part of our IFRS technical updates newsletter.
In the April 2021 meeting, the IASB proposed amendments setting out accounting for when no foreign exchange rate exists. This amendment aims to help companies determine whether a currency can be exchanged into another currency, and what accounting to apply if the currency cannot be exchanged. This article is part of our IFRS technical updates newsletter.
The IFRS Interpretations Committee decided to finalise an agenda decision that includes the material explaining how IFRS principles are applied to the fact pattern submission. This article is part of our IFRS technical updates newsletter.
We are pleased to share Example consolidated financial statements 2021 to assist you in your preparation of your financial statements inline with the latest International Financial Reporting Standards (IFRS) changes.
This article looks at the scope of the impairment review (ie the types of assets that are included) and how it is structured (ie the level at which assets are reviewed).
This article explains if and when a detailed impairment test as set out in IAS 36 is required.
This article provides an ‘at a glance’ overview of IAS 36’s main requirements and outlines the major steps in applying those requirements.
Welcome to our IFRS Hub, featuring IFRS-related articles that can help you stay ahead, enabling you to strengthen your business and stakeholders' confidence.
The Grant Thornton International Ltd. IFRS team has published a comment letter in response to the IASB's Request for Views – 2015 Agenda Consultation.