IFRS 2019 Update: Major changes you should be aware of
Here we go again – another year has started and a number of changes or amendments of IFRS came into effect. I am pretty sure that you are aware of the biggest ones like new IFRS 16, but let me sum up all the new…
How to Present Financial Instruments under IAS 32
There are three IFRS covering the area of the most complex IFRS topic – financial instruments: IAS 32 Presentation of Financial Statements – this standard contains basic definitions and rules for presenting of financial instruments; IFRS 7 Financial Instruments: Disclosures – here, you can find…
034: How to account for financial guarantees under IFRS 9?
What is a financial guarantee? What is it NOT? And, how to account for financial guarantees under IFRS 9? Learn here!
018: How to account for income from loan application fees?
How to account for the loan origination fees or the loan servicing fees? In profit or loss? Amortize? Find out here!
010: How to test hedge effectiveness under IFRS 9?
How to assess hedge effectiveness prospectively under IFRS 9? Do we need to calculate the hedge effectiveness retrospectively?
What to disclose under IFRS 7 Financial Instruments: Disclosures
About 3 years ago, I was reviewing the financial statements of a medium-sized company providing consumer loans. They needed the IFRS financial statements due to lots of loans taken from foreign banks. Usually, these banks require bigger debtors to provide the financial statements annually. So…
- About IFRS (13)
- Accounting estimates (IAS 8) (5)
- Accounting policies (3)
- Consolidation and Groups (19)
- Employees (7)
- FAQ (1)
- Financial Instruments (41)
- Financial Statements (21)
- Foreign currency (9)
- How To (17)
- IFRS Accounting (62)
- IFRS Summaries (27)
- IFRS videos (38)
- Impairment of assets (6)
- Income Tax (9)
- Intangible assets (7)
- Inventories (14)
- Leases (15)
- Most popular (6)
- Not just IFRS (7)
- Podcast (40)
- PPE (IAS 16 and related) (36)
- Provisions and Contingencies (5)
- Revenue recognition (19)
- Sectors&Industries (2)
- Uncategorized (2)
- US GAAP (2)