IFRS News

IFRS News - November 2009 [download]

• Are you ready for 2009’s financial reporting changes?
• The IASB has issued a narrow, targeted amendment to IAS 32 entitled ‘Classification of Rights Issues'
• IASB to issue revised version of IAS 24 ‘Related Party Disclosures’
• Amendments to IFRS 1 ease transition for first-time adopters
• Group cash-settled share-based payment transactions
• The IT implications of IFRS
• Annual improvements exposure draft published
• Comprehensive review of IAS 39 gathers pace
• Accounting for extractive activities
• Debt for equity exchanges
• IASB issues proposals on rate-regulated activities
• New Grant Thornton International guide on IFRS 7 released
• Grant Thornton surveys US chief financial officers on IFRS
• IFRS News special edition on IFRS for SMEs
• Appointments
• Round-up
• Open for comment
• Effective dates of new standards and IFRIC interpretations

IFRS News - September 2009 [download]

• The IFRS for Small and Medium-sized Entities (IFRS for SMEs) 
• Who can use the IFRS for SMEs? 
• About the new Standard 
• Why should jurisdictions consider adopting the IFRS for SMEs? 
• When and how will the IFRS for SMEs affect my business? 
• What happens next? 
• Snapshot of the IFRS for SMEs

IFRS News - July 2009 [download]

• IFRS for Small and Medium-sized entities 
• IASB undertakes comprehensive review of IAS 39 
• IASB proposes improvements to derecognition requirements for financial instruments 
• Grant Thornton releases IFRS survey 
• IASB publishes draft guidance on fair value measurement 
• IASB seeks input on feasibility of expected loss model for the impairment of financial assets 
• Japanese roadmap for adoption of IFRS 
• IASB issues proposals to clarify the accounting of prepayments for pension plans 
• Access to the unaccompanied text of IFRS 
• IASB looks to replace IAS 12 ‘Income Taxes’ 
• IASB proposes guidance for the preparation and presentation of management commentary 
• New Grant Thornton International guides released 
• Effective dates of new standards and IFRIC interpretations 
• Open for comment

IFRS News - May 2009 [download]

• A new model for loan loss provisioning?
• IASB to seek views on new FASB financial instruments guidance
• Comment deadline on SEC IFRSN roadmap extended
• Amendments to IFRS 7 'Financial Instruments: Disclosures'
• Convergence with Japanese GAAP continues
• IASB clarifies the accounting for embedded derivatives
• All change for lease accounting?
• IFRS Taxonomy 2009
• IFRS for non-publicly accountable entities
• Grant Thornton International representative appointed to IASB Standards Advisory Council
• Grant Thornton International exmaple IFRS Interim Financial Statements available
• Effective dates of new standards and IFRIC interpretations
• Open for comment

IFRS News - March 2009 [download]

• IASB issues amendments permitting the reclassification of financial instruments
• IASB response to the credit crisis
• IASB proposes new consolidation standard
• Guidance finalised on valuing financial instruments in markets that are no longer active
• Amendments proposed to improve information on fair value measurement and liquidity risk
• Additional disclosures proposed for investments in debt instruments
• Amendments proposed to clarify the accounting for embedded derivatives
• Fair value – the debate continues
• SEC issues Proposed IFRS Roadmap
• New structure makes IFRS 1 easier to read
• IFRIC 17 Distributions of Non-cash Assets to Owners
• 2009: The year of IFRS mini-conversion
• Joint IASB and FASB consultation on financial statements presentation
• Relationships with the State
• IASB and FASB propose joint approach for revenue recognition
• Effective dates of new standards and IFRIC interpretations
• Open for comment