IASB issued new standard IFRS 18
On 9 April 2024, the International Accounting Standards Board (IASB) published its new standard IFRS 18 Presentation and Disclosures in Financial Statements that will replace IAS 1 Presentation of Financial Sta…
On 9 April 2024, the International Accounting Standards Board (IASB) published its new standard IFRS 18 Presentation and Disclosures in Financial Statements that will replace IAS 1 Presentation of Financial Sta…
The following article briefly summarises the main points of the new interpretation of the National Accounting Board I-49 “Recognition and Measurement of Liquid Valuables”.
The European Financial Reporting Advisory Group (EFRAG) updated its report showing the status of endorsement of each IFRS, including standards, interpretations, and amendments, most recently on 17 April 2024.
In Europe as well as in America, the requirements on sustainability and climate reporting are being finalised. A newly published rule of SEC requires registrants to publish disclosures related to climate in the…
The European Financial Reporting Advisory Group (EFRAG) updated its report showing the status of endorsement of each IFRS, including standards, interpretations, and amendments, most recently on 12 January 2024.…
After a long period of relative calm, with six years having passed since the last standard – IFRS 17 Insurance Contracts – was issued, several new IASB developments are on the horizon in both the near and dista…
On 15 January 2024, the Ministry of Finance published a draft of the new Accounting Act after incorporating comments from the internal and external comment procedure. One of the major changes that the new Accou…
On 15 January 2024, the Ministry of Finance published a draft of the new Accounting Act after incorporating comments from the internal and external comment procedure. What are the biggest changes from the versi…
IFRS 17 Insurance Contracts is the accounting standard that applies to insurance contracts regardless of the issuer, i.e. IFRS 17 does not apply only to insurance or reinsurance entities. This means that some c…