The IASB has released an amendment to the transition requirements in IFRS 17 Insurance Contracts, that could improve the usefulness of information.
This introductory article summarizes the requirements and scope of IFRS 8 and explains the key steps in determining reportable segments.
This IFRS Viewpoint addresses how to account for costs in a cloud computing arrangement under IFRS, and the areas where there was diversity in practice.
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.
This publication explains how to measure fair value and clarifies how to measure fair value when a market becomes less active.
The IASB has issued amendments that requre deferred tax to be recognized when a transaction has equal amounts of taxable and deductible temporary differences.
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.