Insights

In this insightful webinar, we delved into the essentials of consolidation focusing on the intricacies of the Foreign Currency Translation and its impact. Our experts also provided valuable insights into the latest technological advancements that can simplify complex consolidation tasks and ensure compliance with regulatory requirements.

This article considers some regularly encountered application issues when applying IAS 36.

This article provides a summary of the IAS 36 disclosure requirements and highlights particular areas of focus for regulators, including select illustrative examples for these areas of focus.

We are pleased to share Example consolidated financial statements 2022 to assist you in your preparation of your financial statements inline with the latest International Financial Reporting Standards (IFRS) changes.

This article focuses on part of this step; reversing impairment losses.

An overview of IAS 36’s main requirements and an outline of the major steps in applying them in practice.

This article focuses on part of this step; recognition of impairment losses. For reversing impairment losses refer to our article ‘Insights into IAS 36 – Reversing impairment losses’.

This article discusses when there are exceptions to the rule of comparing recoverable amount with carrying amount, which is step 5 in the impairment review process.

The final part of this series on Step 4 of the impairment review on estimating the recoverable amount, discusses how to estimate an appropriate discount rate in value in use (VIU) calculations.

Definitions of recoverable amount and fair value less costs of disposal (FVLCOD) and an overview of value in use (VIU).

In our three-part series on Step 4 of the impairment review on estimating the recoverable amount, this article discusses estimating future cash inflows and outflows in value in use (VIU) calculations.

The second of a three-part series on cash-generating units (CGUs), this article discusses how to allocate assets to CGUs.

The third of a three-part series on cash-generating units (CGUs), this article discusses how to allocate goodwill to CGUs.

In this article, we discuss how to identify cash-generating units (CGUs).

This newsletter highlights IAS and IFRS amendments, proposed amendments, and decision points that have been released from April 2021 to October 2021.

This amendment was released on 12 February 2021 by the IASB. This amendment helps entities to distinguish between accounting policies and accounting estimates. This article is part of our IFRS technical updates newsletter.