Insights

Even with scenarios and frameworks, climate risk quantification can feel abstract without a practical example that shows how assumptions translate into numbers. In this article, we explore a worked illustration that takes climate signals, converts them into business‑impact likelihood bands, and then models financial impacts step by step to derive an Expected Value estimate that management teams can use in planning and risk discussions.

Many organisations can describe climate risks qualitatively, but far fewer can quantify their likelihood and financial impact in a way that supports decision‑making and capital allocation. In this article, we explore how scenario analysis can be used to assess how impacts vary across climate futures, and how an Expected Value approach converts impact pathways into probability‑weighted financial outcomes that are decision‑useful

Climate risk is increasingly recognised as a driver of business performance, yet many organisations struggle to determine which climate topics are truly material and how they translate into operational impacts. In this article, we explore how to identify material climate topics, map climate risks to those topics, and translate them into clear business impact pathways that connect climate drivers to financial and operational outcomes.

Our ‘Insights into IFRS 2’ series explains the fundamentals of accounting for share-based payments and helps reporting entities navigate the complexities of the Standard. This article provides an overview of the objective and scope of IFRS 2, including the types of transactions to which it applies.

In this article, we explore how artificial intelligence is transforming the internal audit profession and why future auditors must evolve into “risk architects” in an increasingly AI-driven world. We discuss the growing importance of AI governance, critical thinking, adaptability, and business insight, as well as the key skills internal auditors need to remain relevant and provide strategic value in the future workplace.

IFRS 18 replaces IAS 1 ‘Presentation of Financial Statements’ for annual reporting periods beginning on or after 1 January 2027. Our ‘Insights into IFRS 18’ series explains the new requirements of IFRS 18, highlighting some areas of the standard that we believe will be challenging to apply in practice.

Accurate and consistent revenue recognition is a cornerstone of sound financial reporting for all businesses, ensuring comparability across industries and markets. The objective of IFRS 15 ‘Revenue from Contracts with Customers’ is not to alter the definition of revenue, but to improve comparability by establishing a clear framework for recognising and measuring revenue.

Accurate and consistent revenue recognition is a cornerstone of sound financial reporting for all businesses, ensuring comparability across industries and markets. The objective of IFRS 15 ‘Revenue from Contracts with Customers’ is not to alter the definition of revenue, but to improve comparability by establishing a clear framework for recognising and measuring revenue.

As InvoiceNow moves toward mandatory adoption, businesses face growing pressure to get systems and data right. In this article, we explore compliance timelines and a practical roadmap for preparation.

As indirect tax compliance shifts from periodic reporting to transaction‑level transparency, many businesses are unsure what this change means in practice. In this article, we explore how InvoiceNow signals the future of GST compliance and its impact on companies and tax administrations.

Our ‘Example Interim Condensed Consolidated Financial Statements 2026’ publication provides practical guidance and illustrative disclosures to support reporting entities in preparing interim financial statements in accordance with IFRS. This article focuses on the application of IAS 34 for a six-month interim reporting period ending 30 June 2026.

Geopolitical disruption often reaches businesses through supply chains, tax and compliance. In this article, we explore why stronger governance is critical for mid-market resilience.

Our 'Insights into IFRS 15' series summarises the key areas of the Standard, highlighting some areas that are challenging to apply in practice, to assist reporting entities in understanding how to apply IFRS 15's requirements. This article focuses on identifying a contract with a customer and the criteria that must be met before revenue can be recognised.

Valuation disputes can delay resolution and create uncertainty between parties. In this article, Josephine Hong of our valuations team examines the role of valuation in mediation and how it supports fair, informed and efficient dispute resolution.

The Inland Revenue Authority of Singapore (IRAS) recently released the 9th edition of the Singapore Transfer Pricing Guidelines (TPG). While the update is relatively targeted in scope, it addresses an area that has long generated practical challenges for multinational enterprise (MNE) groups: the transfer pricing treatment of employee share-based compensation (SBC) costs.

Our 'IFRS Example Consolidated Financial Statements 2025' publication provides practical guidance and illustrative disclosures to help reporting entities understand and apply the latest IFRS Accounting Standards. This article highlights key presentation and disclosure requirements, including the impact of IFRS 18 on financial reporting.