The IASB issued several amendments to IFRS Standards and an Interpretation that clarifies the requirements in particular Standards. These changes are part of the Board’s process to maintain IFRS Standards.

The changes include:

IASB, IFRS
Recently qualified accountants were in high demand last year, particularly auditors making their first move into the industry, Morgan McKinley's UK Salary Guide has found
qualified accountants, Accounting, Tax, Audit

IFRS 16 will require leases to be carried on corporate balance sheets from January 2019

IFRS, IFRS16, LEASES

The IFRS Foundation and the Chinese Ministry of Finance today announced the formation of a joint working group to explore ways and steps to advance the use of IFRS Standards within China, especially for internationally oriented Chinese companies.

IFRS, IASB, CHINA

Fra Luca Bartolomeo de Pacioli (sometimes Paccioli or Paciolo; c. 1447–1517) was an Italian mathematician

On 15 September 2015, the Securities & Exchange Commission of Pakistan (SCEP) issued Statutory Notifications 928(I)/2015 and 929(I)/2015 adopting the IFRS for SMEs.

See more...http://bit.ly/1McTjzm

IFRS for SMEs

The International Accounting Standards Board (IASB) has changed the effective date of IFRS 15 ‘Revenue from Contracts with Customers’ from 1 January 2017 to 1 January 2018, although early adoption continues to be permitted.

IFRS 15
New career

Specialization in certain areas or segment is key for your personal success.

know the rules

The new IFRS 15

  • Replaces IAS 18 Revenue, IAS 11 Construction Contracts and some revenue-related Interpretations,
  • Establishes a new control-based revenue recognition model,
  • Changes the basis for deciding whether revenue is to be recognized over time or at a point in time,
  • Provides new and more detailed guidance on specific topics,
  • Expands and improves disclosures about revenue.

The Standard will impact all entities in all industries, but the extent of the impact can vary significantly.

IFRS, IFRS 15

CATEGORIES