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RSM INSIGHT: December Year-end Accounting Reminders IFRS

This newsletter will discuss reporting requirements as of 31 December 2020 including IFRS that become effective from 1 January 2020, IFRS that will be effective from 1 January 2021 or later but are available for early adoption  and a round up of IFRIC agenda decisions in 2020.

The first section will discuss key topics and reminders that financial statement preparers and reviewers should consider in preparing their statements.

The second section will discuss standards and interpretations that are not effective as at December 31, 2020 but should be disclosed consistent with paragraph 30 of IAS 8, Accounting Policies, Changes in Accounting Estimates and Errors.

The third section will discuss the topics discussed at the IFRS Interpretations Committee during this fiscal year.

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