Entities without public accountability may apply the International Financial Reporting Standards for Small and...
Amendments to IFRS for SMEs
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Financial instruments
Accounting for electricity procurement agreements: Applying the own-use exemption
Arrangements for electricity procurement vary in how they match electricity production from natural sources with usage. The...
Financial assets with contingent features
In May 2024, the International Accounting Standards Board (IASB) amended IFRS 9 Financial Instruments (‘IFRS 9’)....
IFRS 18: An overview of changes
The IASB published IFRS 18 Primary Financial Statements (‘IFRS 18’) in April 2024. This standard replaces IAS 1, the...
Shares issued: Are they debt or equity?
Intuitively, accountants tend to treat shares issued by a company as equity based on their legal form. The classification of the...
Debt or equity: The role of shareholder decisions
It is often a complex decision to classify an instrument issued by an entity as debt or equity. IAS 32 Financial Instruments -...