Vital Changes Which You Need To Know About 2019 IFRS Update
  •   25 Jan, 2019  Posted By Thenvi Subin   Posted in IFRS
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With the start of the new year, a number of changes and amendments of IFRS has been made. In this article, we cover all major changes and amendments which have been made in 2019- The new standard IFRS 9 Financial … Continue reading

IFRS Foundation releases educational modules for the IFRS – SMEs Standard
  •   12 Sep, 2018  Posted By Guru Raj Singh   Posted in IFRS
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In August 2018, the IFRS Foundation released an additional seven educational modules in respect of the 2015 version of the IFRS for SMEs Standard. These modules aim to assist anyone who wants to prepare, use, or understand financial statements that … Continue reading

Revised Conceptual Framework Released by IASB

At the end of March 2018, the International Accounting Standards Board (IASB or Board) published its revised Conceptual Framework for Financial Reporting (Conceptual Framework). This new Conceptual Framework replaces its predecessor, which was issued back in 2010. Who uses the … Continue reading

2017 IFRS Foundation Annual Report Released
  •   28 May, 2018  Posted By Karthik Sathuragiri   Posted in ESMA, IFRS
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The IFRS Foundation, which is a not-for-profit public interest organisation that oversees the International Accounting Standards Board (IASB), recently released its 2017 annual report and financial statements. Here are some of the key milestones the Foundation reported in 2017, along … Continue reading

IFRS 16: Upcoming Changes to Lease Accounting

IFRS 16 Leases comes into effect from 1 January 2019. As the standard will bring about wide-reaching changes to the way businesses account for leases, we highlight what you need to know below. The existing rules will change Currently, leases … Continue reading

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