IAS 36 - Other impairment issues
INTERNATIONAL FINANCIAL REPORTING STANDARDSThis article considers some regularly encountered application issues when applying IAS 36.
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IAS 36 - Presentation and disclosure requirements
INTERNATIONAL FINANCIAL REPORTING STANDARDSThis 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.
International Sustainability Standards Board confirms effective date of new Standards
SustainabilityThe International Sustainability Standards Board (ISSB) confirms the effective date of its new Standards
Navigating the changes to IFRS 2023
IFRSThis publication is designed to give preparers of IFRS financial statements a high-level awareness of recent changes to International Financial Reporting Standards. It covers both new Standards and Interpretations that have been issued and amendments made to existing ones.
Example Financial Statements 2022
IFRSWe 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.
The meaning of life, tax and the digital universe - an APAC perspective
Digital tokensDigital tokens, such as cryptocurrencies and NFTs, have established themselves as a new asset class in less than a decade. In this webinar, a panel of Grant Thornton tax Partners from Singapore, Australia, Hong Kong and India will discuss the impact digital tokens are having on tax (and vice versa) in their jurisdictions, and try to help decode some of the fundamental tax and accounting issues for players operating in this new universe.
IAS 36 - Reversing impairment losses
INTERNATIONAL FINANCIAL REPORTING STANDARDSThis article focuses on part of this step; reversing impairment losses.
Insights into IAS 36
INTERNATIONAL FINANCIAL REPORTING STANDARDSAn overview of IAS 36’s main requirements and an outline of the major steps in applying them in practice.
IAS 36 - Recognising impairment losses
INTERNATIONAL FINANCIAL REPORTING STANDARDSThis 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’.
IAS 36 - Comparing recoverable amount with carrying amount
INTERNATIONAL FINANCIAL REPORTING STANDARDSThis 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.
Financial reporting and accounting for Special Purpose Acquisition Companies (SPACs)
FRASSGX’s framework for Special Purpose Acquisition Companies provides companies an alternative route to raise capital. But SPAC transactions can give rise to unique financial reporting and accounting issues under Singapore Financial Reporting Standards (International) (SFRS(I)s). In this piece, we break down what a SPAC is and key accounting considerations in SPAC transactions.
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10 min read
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26 Jan 2022
IAS 36 - Value in use: applying the appropriate discount rate
INTERNATIONAL FINANCIAL REPORTING STANDARDSThe 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.
