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A summary of IFRS 13: Fair value measurement and detailed commentary on various aspects of applying this Standard from the perspective of a preparer working alongside a valuation expert.

Business combinations are infrequent transactions that are unique for each occurrence. IFRS 3 ‘Business Combinations’ contains the requirements and despite being fairly stable in the ten years since its been released, still provides challenges when accounting for these transactions in practice.

Mergers and acquisitions are becoming more and more common as entities aim to achieve their growth objectives. IFRS 3 ‘Business Combinations’ contains the requirements for these transactions, which are challenging in practice.

Acquisitions of businesses can take many forms and can have a fundamental impact of the acquirer’s operations, resources and strategies. These acquisitions are known as mergers or business combinations which should be accounted for using the requirements in IFRS 3 ‘Business Combinations’.

As one of the most referred to Standards, IFRS 3 has been in place for more than ten years and has undergone a post-implementation review by the IASB.

Common control business combinations

Are you ready for IFRS 16? This series of insights will help you prepare.

Lease incentives may take various forms depending on the negotiation between the lessee and the lessor. How can you identify a lease incentive and when does the accounting treatment change?

The global IFRS team at Grant Thornton International Ltd share their insights on topical areas of IFRIC 23.

How have the amendments to IFRS 3 changed the definition of a business?

Need help identifying the IFRS 16 presentation and disclosure requirements? We provide a series of examples illustrating one possible way they might be presented.

The new leases standard, IFRS 16, brings with it both greater transparency and a number of challenges for businesses. Are you ready?

Deciding which payments need be recognised in the measurement of the liability and how changes in those payments are recognised often involves considerable judgement.

In light of IFRS 15, what does it mean for an asset to have ‘no alternative use’ when dealing with a contract for the sale of a single apartment contained within a multi-unit residential complex currently under construction?

Under IFRS 16 Leases, determining the correct lease term is significant for a number of reasons, find out why in our latest IFRS 16 insight.

IFRS 16 changes the definition of a lease and provides guidance on how to apply this new definition, are you prepared for the first major overhaul of lease accounting in over 30 years?