News

News

01/10/2009 IFRS News January 2010

IFRS News - a quarterly update from the Grant Thornton International IFRS team.....mehr (in englisch)

• 01/12/2009 IFRS News Special Edition Dezember 2009

  IFRS 9 'Financial Instruments'
  IFRS 9 Financial Instruments (IFRS 9) addresses the classification and measurement of financial assets. It represents the completion of the first phase of the IASB's project to replace IAS 39, its current Standard on financial instruments. IFRS 9 aims to reduce the complexity in accounting for financial instruments by having fewer categories of financial assets and a principle-based approach to their classification......mehr (in englisch)

• 01/11/2009 Guide to Deferred Tax according to IAS 12

  IAS 12 Income Taxes: Income taxes, as defined in IAS 12, include current tax and deferred tax. IAS 12 takes a mechanistic approach to the computation of deferred taxes, but also requires significant judgement in some areas.
  This guide addresses IAS 12's key application issues and includes interpretational guidance in certain problematic areas.....mehr (in englisch)

• 01/10/2009 IFRS News October 2009

  IFRS News - a quarterly update from the Grant Thornton International IFRS team.....mehr (in englisch)

• 01/09/2009 IFRS News Special Edition September 2009

  The IFRS for Small and Medium-sized Entities.
  The International Financial Reporting Standard for Small and Medium-Sized Entities (“IFRS for SMEs”) is a simplified version of full IFRS aimed at the needs of private companies. Published by the International Accounting Standards Board (IASB) on 9 July 2009, the IFRS for SMEs has the potential to revolutionise and harmonise financial reporting by private companies across the world.....mehr (in englisch)

• 01/07/2009 IFRS News July 2009

  IFRS News - a quarterly update from the Grant Thornton International IFRS team.....mehr (in englisch)

• 01/07/2009 IAS 32 Financial Instruments

  IAS 32 Financial Instruments: Presentation (IAS 32) addresses the classification of financial instruments as debt or equity. Since IAS 32 does not look to the legal form of instrument but on the instruments' contractual obligations, these principles sometimes result in instruments that intuitively seem like equity being accounted for as liabilities. Partially in recognition of these problems, the International Accounting Standards Board issued amendments to IAS 32 in 2008 which depart from the core principles of the Standard. The amendments, which are effective for periods beginning on or after 1 January 2009, bring relief from certain problems but at the expense of complicating the classification process......mehr (in englisch)

• 01/07/2009 IFRS 8 Operating Segments

  The new IFRS 8 Operating Segments replaces IAS 14 Segment Reporting for annual periods beginning on or after 1 January 2009 with earlier application permitted. IFRS 8 achieves close convergence with the requirements of the US Accounting Standard SFAS 131 Disclosures about Segments of an Enterprise and Related Information. The approach of this standard is radically different from IAS 14 and has the potential to highlight sensitive information to competitors as well as other users of financial statements. This guide Operating Segments - Applying IFRS 8 in Practice (the guide) explains IFRS 8's key implementation issues and includes interpretational guidance in certain problematic areas. The guide also includes several examples illustrating the Standard's requirements......mehr (in englisch)

• 01/06/2009 IFRS Top 20 Tracker Edition 2009

  The IFRS Top 20 Tracker takes management through twenty important disclosure and accounting issues identified by Grant Thornton International as frequently causing problems in practice. The selection of issues is based on the experience of member firms within Grant Thornton International in assisting companies apply IFRS. For further information on the IFRS Top 20 Tracker or the issues raised in it, please contact Dr. Schiessel.....mehr (in englisch)

• 01/05/2009 A Guide to IFRS First Time Adoption

  The Road to IFRS - A practical guide to applying IFRS 1 and first-time adoption. For companies, the conversion to IFRS is a major change both for the finance function and for the wider business. In planning the conversion, management must develop a detailed and specific understanding of IFRS 1's implications on their business. This guide explains IFRS 1's key implementation issues and includes interpretational guidance in the more problematic areas.....mehr (in englisch)

• 01/04/2009 IAS 23 Capitalization of borrowing costs

  Capitalization of borrowing costs - from theory to practice - applying IAS 23 (revised) as issued by the IASB in March 2007. The previous benchmark treatment of recognizing borrowing costs as an expense has been removed. Instead, borrowing costs that are directly attributable to the acquisition, construction or production of a qualifying asset will form part of the cost of that asset under the new standard.....mehr (in englisch)

• 01/04/2009 Financial Instruments - a CFO's guide to avoiding the traps

  This Guide summarizes the impact of IAS 39 Financial Instruments: Recognition and Measurement together with relevant parts of IAS 32 Financial Instruments: Presentation. It summarizes the main challenges that businesses typically encounter in order to help CFOs to prioritize and identify key issues. The guide will help a CFO to understand potential problem areas in order to know when to consult further.....mehr (in englisch)

• 01/04/2009 IFRS News April 2009

  IFRS News - a quarterly update from the Grant Thornton International IFRS team.....mehr (in englisch)

• 01/01/2009 IFRS News January 2009

  IFRS News - a quarterly update from the Grant Thornton International IFRS team.....mehr (in englisch)