Insights

The International Accounting Standards Board (IASB) published a new standard, its first since 2017. The new standard, IFRS 18 ‘Presentation and Disclosure in Financial Statements’ replaces IAS 1 ‘Presentation of Financial Statements’ and will impact every reporting entity that currently uses International Financial Reporting Standards.

IFRS 3 ‘Business Combinations’ contains the requirements for these transactions, which are challenging in practice.

The 2023 edition of the IFRS publication details important amendments published between January 1 and December 31, 2022.

The preparation of financial statements in accordance with International Financial Reporting Standards (‘IFRS’) is challenging.

This publication details the additional guidance released by the IASB in IFRS 16 on accounting for sale and leaseback transactions.

This IFRS Alert considers the financial reporting impact of the conflict in Ukraine on December 31, 2021 and subsequent year-ends.

The latest trio of articles about IFRS 8 provides further insights on key implementation issues and interpretational guidance related certain problematic areas.

This publication is designed to give a high-level awareness of recent changes to IFRS. It covers both new Standards and amendments to existing ones.