Navigating the Changes to IFRS for CFOs

15 Dec 2016

Overview This publication is designed to give Chief Financial Officers a high-level awareness of recent changes to International Financial Reporting Standards (IFRS) that will affect companies’ future financial reporting. It covers both new Standards and Interpretations that have been issued and amendments made to existing ones. What's new in the 2016 edition The December 2016 edition of the publication has been updated for changes to IFRS that have been published between December 1, 2015 and November 30, 2016. In particular this edition covers the new leasing Standard – IFRS 16, for the first time. The publication now covers March 31, 2016, June 30, 2016, September 30, 2016, December 31, 2016 and March 31, 2017 financial year ends.

Financial Reporting Standards

14 Dec 2016

Topics covered: Annual Improvements to IFRS 2014-2016 Cycle ​The International Accounting Standards Board (IASB) has published ‘Annual Improvements to International Financial Reporting Standards (IFRS) 2014-2016 Cycle’ which addresses non-urgent (but necessary) minor amendments to three standards​.

Fourth Quarter Edition of IFRS News

17 Nov 2016

This Accounting Alert is issued to provide quarterly update on all things relating to International Financial Reporting Standards (IFRS).

IFRS 15 - IFRS News Special Edition

11 Nov 2016

IFRS 15, Revenue from Contracts with Customers represents the culmination of more than five years of cooperation between the International Accounting Standards Board (IASB) and Financial Accounting Standards Board (FASB), and will affect almost every revenue-generating business that applies International Financial Reporting Standards (IFRS). While achieving convergence has been challenging and sometimes controversial, the new standard will provide a major boost for investors looking to compare company performance across borders.

Third Quarter Edition of IFRS News

10 Aug 2016

This Accounting Alert is issued to provide quarterly update on all things relating to International Financial Reporting Standards (IFRS). We begin this third edition of the year by looking at some of the potential financial reporting implications of the UK's decision to leave the European Union. We then look at the amendments and proposed amendments the International Accounting Standards Board (IASB) has recently made to its standards before looking at International Financial Reporting Standards (IFRS)-related news at Grant Thornton. Further on in the newsletter, you will find a general round-up of financial reporting developments and a summary of the implementation dates of newer standards that are not yet mandatory, and a list of IASB publications that are out for comment.