09/06/17 IFRS news: 20 years in the making - IFRS 17 has finally been issued Gail Tucker, Global Insurance Accounting Leader, walks through the main elements of the new standards.
08/05/17 IFRS news: Solving the mystery of carve-out financial statements Rich Jones, divestment specialist, explains what carve-out financial statements are and what they may be used for.
11/04/17 IFRS news: Article 50 triggers uncertainty in income tax accounting John Chan, IAS 12 specialist, explains the deferred tax implications of article 50.
10/03/17 IFRS news: Cracking the cryptocurrency code; or what is a 'bitcoin' anyway? Cryptocurrency is virtual currency which seems to be created out of thin air. It is increasingly used IRL (in real life) to pay for goods and services and for investment purposes. Transaction volume is growing exponentially and values are volatile. There is no specific guidance in IFRS or US GAAP on accounting for cryptocurrencies, despite accelerating use.
15/09/16 IFRS 9 Financial instruments - Taking a closer look IFRS 9 Financial instruments - Taking a closer look
The overhaul of lease accounting - Catalyst for change in corporate real estate The overhaul of lease accounting - Catalyst for change in corporate real estate
01/02/17 IFRS 9 - A whole new way to your hedging strategies The International Accounting Standards Board new standard on financial instruments better aligns hedge accounting with the risk management activities of an entity. It also removes, or amends, key bans and rules existing under IAS 39. The new standard is applicable as from January 2018.
01/02/17 IFRS 15 - Getting ready for the new revenue recognition model The IASB's new revenue recognition standard is now with us. It becomes effective for accounting periods starting on or after 1 January 2018. The standard has implications for everyone but the new requirements will require a substantial shift in the way of thinking and financial reporting in some sectors.