Filter insights by:
“Inherited wealth” may become one of the most scrutinised phrases of the next two decades.
Grant Thornton Channel Islands has had a strong start to 2026 in the forensic investigations space
Investing in gender equality is a proven driver of performance and a competitive advantage.
We begin this final edition for 2018 with an article on the recently issued IASB publication ‘Definition of Material – Amendments to IAS 1 and IAS 8’, before turning to some topical issues. These include regulators’ views on IFRS 9 and IFRS 15, reverse factoring, and issues related to the discontinuance of LIBOR and other inter-bank offer rates.
Each year the requirements of International Financial Reporting Standards (IFRS) change. New Standards and Amendments become effective and these determine the presentation of primary financial statements and accompanying disclosures. As a result companies face the challenge of updating their financial statements every year.
Yesterday's first Monday UK Budget for over 56 years was neither manic nor blue. The Chancellor tried to deliver an upbeat giveaway budget with a promise that the end to austerity was in sight and that this was a Budget "for hard working families". This theme continued throughout his speech.
We all know the UK government announced its intention to extend UK CGT to commercial property and all indirect property interests, and earlier this month we had the proposed details to review.
IFRS News is your quarterly update on all things relating to International Financial Reporting Standards. We’ll bring you up to speed on topical issues, provide comment and points of view and give you a summary of any significant developments.
Currently, IFRS does not provide specific guidance on accounting for crypto assets. This IFRS Viewpoint seeks to explore the accounting issues that arise for miners and validators in mining and maintaining the blockchain in accordance with existing IFRS. It follows our earlier IFRS Viewpoint No.9 ‘Accounting for cryptocurrencies – the basics’.
While Government’s key announcements in the Finance Bill and other recent changes aim to provide certainty for the real estate sector, uncertainty still remains.
We continue to hear sorry tales of companies’ systems being hacked: as I write this, the latest big story (https://www.theregister.co.uk/2018/06/13/dixons_carphone_breach/) is Dixons Carphone experiencing a hack involving 5.9 million payment cards and over a million personal data records.
The preparation of financial statements in accordance with International Financial Reporting Standards (IFRS) is challenging. Each year, new Standards and amendments are published by the International Accounting Standards Board (IASB) with the potential to significantly impact the presentation of a complete set of financial statements.
IFRS News is your quarterly update on all things relating to International Financial Reporting Standards. We’ll bring you up to speed on topical issues, provide comment and points of view and give you a summary of any significant developments.
Potential accounting consequences of the US tax reform for IFRS preparers
A page to describe the changes that the Tax industry will have to make to accommodate Blockchain technology