The recently issued Grant Thornton International publication “Navigating the changes to International Financial Reporting Standards: a briefing for Chief Financial Officers” is designed to give Chief Financial Officers a high-level awareness of recent changes to International Financial Reporting Standards that will affect companies’ future financial reporting.
The IASB has published 'Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts’ which makes narrow scope amendments to IFRS 4 'Insurance Contracts' ('the Amendments'). The Amendments provide temporary accounting solutions, for entities that issue insurance contracts, for the practical challenges of implementing IFRS 9 'Financial Instruments' before the forthcoming insurance contracts Standard.
IFRS 9 (2014) ‘Financial Instruments’ fundamentally rewrites the accounting rules for financial instruments.
IFRS 9 (2014) ‘Financial Instruments’ fundamentally rewrites the accounting rules for financial instruments.
