< 1 2 3 4 5

COVID-19 Outbreak: Considerations for Assurance Engagements

27 Mar 2020

The purpose of this alert is to provide guidance on procedures that the engagement team may perform in addition to (or in place of) physical inventory observations to obtain evidence regarding the existence of inventory.

Navigating the Changes to IFRS 2020

17 Feb 2020

The publication is designed to give Chief Financial Officers a high-level awareness of recent changes that will affect companies’ future financial reporting.

IFRS News 2019/4

13 Feb 2020

IFRS news is your quarterly update on things relating to International Financial Reporting Standards (IFRS). We’ll bring you up to speed on topical issues and significant developments, provide comments and give our point of view.

IFRS News 2019/3

07 Oct 2019

IFRS news is your quarterly update on things relating to International Financial Reporting Standards (IFRS). We begin this edition by considering the current IASB Exposure Drafts that are out for comment and conclude with IFRS-related news at Grant Thornton.

IFRS News 2019/2

05 Oct 2019

We begin this second edition of 2019 by considering the IASB Exposure Draft ‘Interest Rate Benchmark Reform’. We then look at implications of the IASB’s statement that an entity should be entitled to sufficient time in determining whether it needs to change an accounting policy as a result of an IFRIC agenda decision and in implementing any such change.

Example Consolidated Financial Statements 2019

04 Oct 2019

The publication has been reviewed and updated by Grant Thornton IFRS Team to reflect changes in IFRS that are effective for the year ending 31 December 2019. In particular, they reflect the adoption of IFRS 16 'Leases' which is effective for annual accounting periods beginning on or after 1 January 2019.

Example Interim Financial Statements 2019

03 Oct 2019

The publication has been reviewed and updated to reflect changes in IAS 34 and other IFRS that are effective for the year ending 31 December 2019. In particular, it reflects the adoption of IFRS 16 'Leases' which is effective for annual accounting periods beginning on or after 1 January 2019.

Insights into IFRS16 – Presentation and disclosure

02 Oct 2019

Our latest article is on 'Presentation and disclosure'. IFRS 16 requires lessees and lessors to provide information about leasing activities within their financial statements. The Standard explains how this information should be presented on the face of the statements and what disclosures are required. In this article we identify the requirements and provide a series of examples illustrating one possible way the note disclosures might be presented.