by admin | Sep 20, 2017 | Accounting, Tech News
The International Accounting Standards Board (IASB) has issued guidance on how to make materiality judgements to encourages companies to apply judgement instead of using IFRS requirements as a checklist, so that financial statements focus on the information that is...
by admin | Sep 18, 2017 | Accounting, Tech News
This Interpretation clarifies how to apply the recognition and measurement requirements in FRS 12 when there is uncertainty over income tax treatments. In such a circumstance, an entity shall recognise and measure its current or deferred tax asset or liability...
by admin | Sep 17, 2017 | Accounting, Tech News
The International Accounting Standards Board (Board) has published an Exposure Draft Accounting Policies and Accounting Estimates for public consultation and open for comment until 15 January 2018. The purpose of the proposed amendments is to help companies...
by admin | Sep 13, 2017 | Accounting, Tech News
The International Accounting Standards Board (IASB) has proposed an Exposure Draft IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors for public consultation and comments by 15 January 2018. The purpose of the Exposure Draft is to help companies...
by admin | Sep 6, 2017 | Accounting, Tech News
The Accounting Standards Council (ASC) has submitted comment letters to the SME Implementation Group on IFRS for SMEs Draft Q&A Accounting for financial guarantees in parent’s separate financial statements. Draft Q&As which was developed in June 2017 provide...
