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Navigating the changes to IFRS

The latest edition of 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 that will affect companies’ future financial reporting.

It covers both new Standards and Interpretations that have been issued and amendments made to existing ones, as published between 1 December 2017 and 30 November 2018.

The current edition covers 31 March 2018, 30 June 2018, 30 September 2018, 31 December 2018 and 31 March 2019 financial year ends.

The publication is designed to help entities planning for a specific financial reporting year end identify:

  • changes mandatorily effective for the first time,
  • changes not yet effective,
  • changes already in effect.

For each change covered in the publication, consideration has been given to its commercial implications, focusing on how many entities will be affected and what will be the impact on affected entities.

For more information regarding IFRS, please contact Grant Thornton's IFRS experts team at ifrs@gr.gt.com.