The International Accounting Standards Board (IASB), along with the FASB in the US, have finally issued their new Standard on revenue – IFRS 15 ‘Revenue from Contracts with Customers’ (ASU 2014-09 or Topic 606 in the US). This bulletin summarises the new requirements and what they will mean for the software and cloud services industries
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The International Accounting Standards Board (IASB) and US FASB have finally issued their new Standard on revenue – IFRS 15 ‘Revenue from Contracts with Customers’ (ASU 2014-09 or Topic 606 in the US). This bulletin summarises the new requirements and what they will mean for the manufacturing industry
IFRS 9 Hedge accounting. The IASB has published Chapter 6 ‘Hedge Accounting’ of IFRS 9 ‘Financial Instruments’ (the new Standard).
The Grant Thornton International IFRS team has published a revised version of the guide Deferred tax – a Chief Financial Officer’s guide to avoiding the pitfalls.
The Grant Thornton International IFRS team has published a new guide: IAS 7: Statement of Cash Flows—a guide to avoiding common pitfalls and application issues.
The Grant Thornton International IFRS team has published a new guide, Navigating the accounting for business combinations—Applying IFRS 3 in practice.