IFRS

Breaking IFRS news from the past month; including publications, deadlines, announcements, comment letters from RSM, and decisions by the IASB.

Breaking IFRS news from the past month; including publications, deadlines, announcements, comment letters from RSM, and decisions by the IASB.

Breaking IFRS news from the past month; including publications, deadlines, announcements, comment letters from RSM, and decisions by the IASB.

Breaking IFRS news from the past month; including publications, deadlines, announcements, comment letters from RSM, and decisions by the IASB.

Breaking IFRS news from the past month; including publications, deadlines, announcements, comment letters from RSM, and decisions by the IASB.

Breaking IFRS news from the past month; including publications, deadlines, announcements, comment letters from RSM, and decisions by the IASB.

Breaking IFRS news from the past month; including publications, deadlines, announcements, comment letters from RSM, and decisions by the IASB.

Breaking IFRS news from the past month; including publications, deadlines, announcements, comment letters from RSM, and decisions by the IASB.

Breaking IFRS news from the past month; including publications, deadlines, announcements, comment letters from RSM, and decisions by the IASB.

Breaking IFRS news from the past month; including publications, deadlines, announcements, comment letters from RSM, and decisions by the IASB.

Breaking IFRS news from the past month; including publications, deadlines, announcements, comment letters from RSM, and decisions by the IASB.

Breaking IFRS news; including publications, deadlines, announcements, comment letters from RSM, and decisions by the IASB. 

Breaking IFRS news; including publications, deadlines, announcements, comment letters from RSM, and decisions by the IASB. 

Breaking IFRS news; including publications, deadlines, announcements, comment letters from RSM, and decisions by the IASB. 

RSM International Limited has prepared a model set of consolidated financial statements for a fictitious company called IFRS Statements Limited which, for the purpose of the exercise, is described as a company listed in Big City Stock Exchange and incorporated and domiciled in a fictitious country, Newland. The IFRS consolidated financial statements have been prepared according to all relevant Standards and Interpretations in force for reporting periods beginning on or after 1 January 2017.

Breaking IFRS news; including publications, deadlines, announcements, comment letters from RSM, and decisions by the IASB. 

An overview of new and amended Standards and Interpretations that need to be considered by preparers and auditors of 2017 IFRS interim and annual financial statements.

Breaking IFRS news; including publications, deadlines, announcements, and decisions by the IASB. 

Breaking IFRS news, including publications, deadlines and announcements, and decisions by the IASB. 

Breaking IFRS news, including publications, deadlines and announcements, and decisions by the IASB. 

Breaking IFRS news, including publications, deadlines and announcements, and decisions by the IASB. This edition covers Insurance Contracts (IFRS 17) and Financial Instruments with Characteristics of Equity.

By Eckhardt Gerber, RSM South Africa - taken from RSM Reporting - Issue 29.

2017 promises to be a rather momentous year, with international trade being re-shaped on both sides of the Atlantic and in the Pacific regions and with new business models stemming from innovative technology and enterprises. What does this mean for the future of accounting? In this issue we continue to provide some insight into the foreseeable developments of IFRS in Europe, in conversation with the CEO and Chairman of the Technical Experts Group of EFRAG, Andrew Watchman.

Breaking IFRS news, including publications, deadlines and announcements, and decisions by the IASB.

A high-level overview of new and amended standards and interpretations that need to be considered for financial reporting periods ending on 31 December 2016

Reflections on the future of accounting and reporting -  a conversation with the chairman of the Corportate Reporting Policy Group at the Federation of European Accountants, looking at the possible effects of Brexit on the development of IFRS.

Technical developments in global accounting and reporting from around the world, including an interview with the Mark Vaessen, the chairman of the Corportate Reporting Policy Group at the Federation of European Accountants, looking at the possible effects of Brexit on the development of IFRS.

Breaking IFRS news, including publications, announcements, and decisions by the IASB.

Breaking IFRS news, including publications, announcements, and decisions by the IASB.

Breaking IFRS news, including publications, announcements, and decisions by the IASB.

Spotlight on the new Leases Standard – IFRS 16 in 16 Q&As

Technical developments in global accounting and reporting from around the world, including an interview with Michael Wells on the future of the profession, and Q&As on IFRS 16.

Breaking IFRS news, including publications, announcements, and decisions by the IASB.

Breaking IFRS news, including decisions by the IASB on Agenda Consultation, Insurance and IFRS 9, and Conceptual Framework.

Breaking IFRS news, including decisions by the IASB and clarifications to the new Revenue Standard IFRS 15.

The accounting treatment of investment properties, explained by Simon Fisher, Partner, RSM Eastern Africa. 

Addressing the concept of ‘materiality’ in five key questions. 

A conversation with Paul Druckman, CEO of the IIRC, on the shifts in the corporate world.

Technical developments in global accounting and reporting from around the world, including an interview with the CEO of the IIRC, Paul Druckman.

Breaking IFRS news, including decisions by the IASB, comment letters, and upcoming comment letter deadlines.

RSM's monthly IFRS news round-up, including decisions by the IASB, comment letters, and upcoming comment letter deadlines.

RSM's monthly IFRS news round-up.

Amendments to IFRS 10, Consolidated Financial Statements, IFRS 12, Disclosure of Interests in Other Entities and IAS 27, Separate Financial Statements on Investment Entities (IE) provide an exemption from consolidation for investment funds and similar entities. As such, an IE records its investments in subsidiaries at fair value through profit or loss, instead of consolidating them. The main reason for such preferential treatment is that the IE operates in a unique business model where fair value information is provided to its users and such fair value information is more useful for the stakeholders within the IE’s ecosystem. However, the assessment whether an entity qualified as an IE is not straightforward. Let us explore closely.

As last year marked the first decade of international accounting and reporting widely applied in Europe and a continuously growing number of other countries, it seems natural that we start the New Year reflecting on what the next decade of international accounting may look like and how we can influence it. To this end, I am grateful to Dr Nigel Sleigh-Johnson, Head of the Financial Reporting Faculty at ICAEW and co-author of ‘Moving to IFRS reporting: seven lessons learned from the European experience’, for sharing his personal views with us.

As we enter into the second decade of IFRS in Europe, in this issue we reflect on the lessons learnt from the past and on what we should look forward to in the next decade. Our guest contributor, Dr Nigel Sleigh-Johnson, Head of the Financial Reporting Faculty at ICAEW, shared with us his insightful views, providing a start to the New Year under the best auspices of a promising new decade of IFRS.

PUBLICATIONS AND ANNOUNCEMENTS Accounting changes for transactions between investors and associates or joint ventures postponed

PUBLICATIONS AND ANNOUNCEMENTS Proposed guidance on transfers of investment property open for comment until 18 March 2016 On 19 November 2015, the IASB published an exposure draft aimed at clarifying the existing guidance on transfers to, or from, investment properties in IAS 40.

In this issue we report on the IASB’s endeavour to publish a new Conceptual Framework, which is approaching a successful completion.

PUBLICATIONS AND ANNOUNCEMENTS Proposed Interpretation for uncertainty over income tax treatments open for comment until 19 January 2016

PUBLICATIONS AND ANNOUNCEMENTS IFRS 15 Revenue from Contracts with Customers amended for its effective date

Is your understanding of IFRS fully joined up? RSM can guide you through the business implications of IFRS.

This fifty-first edition features: Publications and Announcements

This edition features: Françoise Flores, EFRAG TEG Chairman and CEO The growing demand for stakeholders’ direct and active participation in the IFRS standard setting process. Our experts in... the UK Deferred Tax – Where is it going?

This fiftieth edition features: Publications and Announcements Proposals for amendments to pension accounting open for comment until 19 October 2015 International Accounting Standards Board - Latest Decisions Summary

This forty-ninth edition features: Publications and Announcements

This edition features: Paul Druckman, CEO, IIRC Comments on IFRS and global accounting standards Our experts in... Australia Jane Meade and Daisy Yang report on the interpretation and application of IFRS 11 - Joint Arrangements

This forty-seventh edition features: IFRS Interpretations Committee - Latest Decisions Summary Foreign currency transactions and advance consideration draft interpretation of IAS 21 International Accounting Standards Board - Latest Decisions Summary

This forty-sixth edition features: IFRS Interpretations Committee- Latest Decisions Summary

This twenty-second edition features:

This forty-second edition features: International Accounting Standards Board - Latest Decisions Summary

This fourty-first edition features: Publications and Announcements

This fourtieth edition features: Publications and Announcements Release of the final comprehensive standard on financial instruments IFRS Interpretations Committee - Latest Decisions Summary

This twentieth edition features: Our experts in UAE Baasab B. Deyb discusses insurance law - the journey so far and the way forward Martyn Jones, President of the ICAEW Discusses how to restore trust in the accounting and auditing profession globally

This thirty-nineth edition features: Publications and Announcements IAS 16 and IAS 41 amended for bearer plants Proposals for amendments to IFRS 10 and IAS 28 open for comment until 15 September 2014 International Accounting Standards Board - Latest Decisions Summary

This thirty-eighth edition features: Publications and Announcements

This thirty-seventh edition features: Publications and Announcements Discussion paper on accounting for macro hedging open for comment until 17 October 2014 International Accounting Standards Board - Latest Decisions Summary

This thirty-sixth edition features: Publications and Announcements Proposals for narrow-focus clarifying amendments to IAS 1 open for comment until 23 July 2014 IFRS Interpretations Committee - Latest Decisions Summary

This thirty-fifth edition features: IFRS Interpretations Committee - Latest Decisions Summary International Accounting Standards Board - Latest Decisions Summary

This thirty-fourth edition features: Publications & Announcements Interim guidance issued on rate-regulated activities Post-implementation review of IFRS 3 open for comment until 30 May 2014 International Accounting Standards Boards - Latest Decisions Summary

This eighteenth edition features:

This thirty-third edition features: Publications & Announcements

This thirty-second edition features: Publications & Announcements

This thirty-first edition features: Publications & Announcements Proposals for limited amendments to the IFRS for SMEs open for comment until 3 March 2014 International Accounting Standards Board - Latest Decisions Summary

This seventeenth edition features:

This thirtieth edition features: IFRS Interpretations Committee (IC) - Latest Decisions Summary International Accounting Standards Board - Latest Decisions Summary

This twenty-ninth edition features: Publications & Announcements Discussion paper for a new conceptual framework open for comment until 14 January 2014 IFRS Interpretations Committee - Latest Decisions Summary

This twenty-eighth edition features: Publications & Announcements

This sixteenth edition features:

This twenty-seventh edition features: Publications & Announcements

This twenty-sixth edition features: Publications & Announcements

This twenty-fifth edition features: Publications & Announcements

This fifteenth edition features:

This twenty-fourth edition features: Publications & Announcements Proposal for amendments to IAS 39 and IFRS 9 open for comment until 2 April 2013 International Accounting Standards Board - Latest Decisions Summary

This twenty-third edition features: Publications & Announcements Proposal for amendments to IAS 36 open for comment until 19 March 2013 Proposed IFRS Taxonomy 2013 open for comment until 18 March 2013 IFRS Interpretations Committee - Latest Decisions Summary

This fourteenth edition features:

This thirteenth edition features:

This twelfth edition features:

This eleventh edition features: