IFRS 16 Leases (‘IFRS 16’) requires an entity to assess whether a contract conveys the right to control the use of an...
Battery offtake arrangements as leases: Assessing economic benefits
read more
Assets
Amendments to IFRS for SMEs
Entities without public accountability may apply the International Financial Reporting Standards for Small and...
Business combinations: Post-acquisition payments to sellers
IFRS 3 Business Combinations (‘IFRS 3’) governs how entities account for the acquisition of businesses. One element of...
Disclosure of impairment
IFRS requires entities to consider and account for the impairment of assets. This ensures that their carrying amounts...
Accounting for Pillar Two of BEPS 2.0
The OECD/G20 developed Global Anti-Base Erosion (‘GloBE’) model rules in Pillar Two of BEPS 2.0 to address...
Rent forgiveness: Impairment, derecognition or modification?
In October 2022 the IFRS Interpretations Committee (“IFRIC’) published an agenda decision on accounting for rent...