News and Publications

IASB proposes new standard on general presentation and disclosures in financial statements

by /in /
The International Accounting Standards Board (IASB) has published the exposure draft of a new standard 'General Presentation and Disclosures' that is intended to replace IAS 1 'Presentation of Financial Statements'. Comments are requested by 30 June 2020.
Read more

IFRS Foundation issues guide on accounting policies

by /in /
The IFRS Foundation has issued, ‘Guide to Selecting and Applying Accounting Policies — IAS 8’.
Read more

IASB releases podcast on IFRS 17

by /in /
The IASB has released a podcast featuring IASB members Darrel Scott and Nick Anderson as well as technical staff member Roberta Ravelli as they discuss the developments at the November 2019 Board meeting related to the amendment IFRS 17 'Insurance Contracts'.
Read more

IFRS model financial statements 2019

by /in /
Deloitte's Global IFRS Office has released 'International GAAP Holdings Limited — Model financial statements for the year ended 31 December 2019'.
Read more

ESMA continues series of video tutorials on ESEF

by /in /
The European Securities and Markets Authority (ESMA) has released the third in a series of tutorial videos designed to guide market participants through the new requirements of European Single Electronic Format (ESEF), which will become effective in 2020.
Read more

IASB publishes project update on goodwill and impairment related to business combinations

by /in /
The IASB has published an article by IASB member Tom Scott on the status of the Board's goodwill and impairment project following its post-implementation review of IFRS 3, 'Business Combinations'.
Read more

Responses to the ESMA consultation on short-termism in financial markets

by /in /
In July 2019, the European Securities and Markets Authority (ESMA) launched a consultation that aimed to gather evidence on potential short-term pressures on corporations stemming from the financial sector. The individual responses to the consultation are now available.
Read more

IVSC begins article series on goodwill amortisation

by /in /
The International Valuation Standards Council (IVSC) has published the first article in a series looking into whether principles underlying business valuations are compatible with the concept of goodwill amortisation. The series aims at encouraging public discussion by exploring certain fundamental questions in this area to inform financial statement preparers, reviewers, and users, and aid the…
Read more

IASB publishes “Investor Perspectives” article on proposed amendments to IFRS 17

by /in /
The IASB has issued the latest issue of "Investor Perspectives." In this edition, IASB board member Nick Anderson discusses the new disclosures in the targeted amendments to IFRS 17.
Read more