IFRS 8 - Principles in brief
IFRS 8 ‘Operating Segments’ requires much of management information for public listed entities to be published externally so that investors, analysts and other
IFRS Viewpoint Configuration or customisation costs in a cloud computing arrangement
How should you account for costs of configuring or customising a supplier’s application software in a Cloud Computing or Software as a Service (SaaS)
Insights into IAS 36
IAS 36 ‘Impairment of Assets’ is not a new Standard, and while many of its requirements are familiar, an impairment review of assets (either tangible or
Implementation of IFRS 17 ‘Insurance Contracts’
IFRS 17 heralds a new era of accounting for insurance contracts because it sets out principles-based requirements that aim to improve the comparability of the
Insights into IFRS 13 - Fair value measurement
This Standard clarifies how to measure fair value when a market becomes less active. IFRS 13 applies to both financial and non-financial items but does not
IFRS.Alerts IFRS: Latest Alerts
The International Accounting Standards Board (IASB) regularly publishes new International Financial Reporting Standards (IFRS), Interpretations of Standards
IFRS Example Interim Consolidated Financial Statements 2021
Each year, new Standards and amendments are published by the International Accounting Standards Board (IASB) with the potential to significantly impact the
IFRS 3 Identifying the acquirer
Business combinations are infrequent transactions that are unique for each occurrence. IFRS 3 ‘Business Combinations’ contains the requirements and despite
IFRS 3 Identifying a business combination within the scope of IFRS 3
Mergers and acquisitions are becoming more and more common as entities aim to achieve their growth objectives. IFRS 3 ‘Business Combinations’ contains the
IFRS 3 Identifying the acquisition date
Acquisitions of businesses can take many forms and can have a fundamental impact of the acquirer’s operations, resources and strategies. These acquisitions are
Navigating the changes to International Financial Reporting Standards
The 2021 edition of the publication has been updated for changes to International Financial Reporting Standards (IFRS) that were published between 1 January
Telling the COVID-19 Story
Annual financial statements will always be a critical communication to investors and other stakeholders. But how effective will they be in explaining to your
COVID 19: Hedge accounting insights
There are several accounting considerations the COVID-19 pandemic has triggered in relation to IFRS 9. In our view one of the most significant is in relation
IFRS 3: The acquisition method at a glance
This article provides a high-level overview of IFRS 3 and explains the key steps in accounting for business combinations in accordance with this Standard.
COVID 19: Debt modifications
The COVID-19 global pandemic has resulted in economic consequences that many reporting entities may not have had to previously consider. One of those
IFRS 3 - Definition of a Business
In October 2018, the IASB issued ‘Definition of a Business’ making amendments to IFRS 3 ‘Business Combinations’. The amendments are a response to feedback
News.IFRS Navigating the changes to IFRS 2020
Every year the requirements of International Financial Reporting Standards (IFRS) change. New Standards, Interpretations and Amendments are published that will
IFRS - COVID-19: Going concern considerations
The impact of COVID-19 is expected to have a significant impact on the going concern assumption for a large number of entities. Some entities which were


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