The Global Public Policy Committee has created an auditor's response to the risks of material misstatement arising from estimates made in applying IFRS 17.
The International Financial Reporting Interpretations Committee (IFRIC), received a request addressing how a customer should account for costs of configuring or customising supplier’s application software in a Cloud Computing or Software as a Service (SaaS) arrangement.
This publication explains how to measure fair value and clarifies how to measure fair value when a market becomes less active.
The preparation of financial statements in accordance with International Financial Reporting Standards (IFRS) is challenging.
The IASB has issued amendments that requre deferred tax to be recognized when a transaction has equal amounts of taxable and deductible temporary differences.
The International Accounting Standards Board (IASB) has issued ‘Deferred Tax related to Assets and Liabilities arising from a Single Transaction’ (Amendments to IAS 12).
Acquisitions of businesses can take many forms and can have a fundamental impact of the acquirer’s operations, resources and strategies. Find out more.
Business combinations are infrequent transactions that are unique for each occurrence. IFRS 3 ‘Business Combinations’ contains the requirements and despite being fairly stable in the ten years since it’s been released, still provides challenges when accounting for these transactions in practice.