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IFRS News

This section provides you with the most recent news in International Financial Reporting Standards (IFRS). It summarises the activities of the IFRS Foundation, International Accounting Standards Board (IASB) and the IFRS Interpretations Committee, as well as interviews about the effect of IFRS on the profession around the world.

IFRS News in Brief - Issue 74

9 October 2017
PUBLICATIONS AND ANNOUNCEMENTS Proposed narrow-scope amendments to IAS 8 open for comment until 15 January 2018

IFRS News in Brief - Issue 73

11 August 2017
INTERNATIONAL ACCOUNTING STANDARDS BOARD (IASB) LATEST DECISIONS SUMMARY The following is a summarised update on the main tentative decisions taken by the IASB at its meeting on 18-19 July 2017.

A Summary of IFRS 5: Non-current assets held for sale and discontinued operations

25 July 2017
When a company makes the decision to sell an asset or to stop some part of its business, it is making a decision that affects the future cash flows, profitability and overall financial situation. The users of the financial statements should be informed about these events.

IFRS News in Brief - Issue 72

10 July 2017
PUBLICATIONS AND ANNOUNCEMENTS Release of IFRIC Interpretation 23 Uncertainty over Income Tax Treatments

IFRS News in Brief - Issue 71

7 June 2017
PUBLICATIONS AND ANNOUNCEMENTS Release of the final standard on insurance accounting

Issue 70 - IFRS News in Brief

10 May 2017
PUBLICATIONS AND ANNOUNCEMENTS Proposed minor amendments to IFRS 9 open for comment until 24 May 2017

IFRS News in Brief - Issue 69

21 April 2017
PUBLICATIONS AND ANNOUNCEMENTS Proposed amendments to IFRS 8 open for comment until 31 July 2017

A Look at IFRS 16 - Leases

1 March 2017
The implementation of IFRS 16 (Leases) is around the corner, while IFRS 15 (Revenue from Contracts with Customers) is already in place. It is important that companies start evaluating what impact the introduction of these two accounting standards will have on the Annual Financial Statements as well as on the business as a whole.

A look at IFRS 15 - Revenue from Contracts with Customers

1 March 2017
The implementation of IFRS 15 (Revenue from Contracts with Customers) has come into effect, while IFRS 16 (Leases) is around the corner. It is important that companies start evaluating what impact the introduction of these two accounting standards will have on the Annual Financial Statements as well as on the business as a whole.

IFRS News in Brief - Issue 67

10 February 2017
PUBLICATIONS AND ANNOUNCEMENTS Annual Improvements to IFRSs 2015-2017 Cycle open for comment until 12 April 2017 On 12 January 2017, the IASB published an exposure draft covering narrow-scope amendments to:

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