IFRS News is your quarterly update on all things relating to International Financial Reporting Standards. We’ll bring you up to speed on topical issues, provide comment and points of view and give you a summary of any significant developments.
We begin this third edition of the year by looking at the publication of IFRS 17 ‘Insurance Contracts’. Twenty years in the making, this new Standard will have an impact on entities’ data, technology solutions and investor relations as well as their financial reporting.
We then move on to look at new proposals published by the IASB, including proposed amendments to IAS 16 ‘Property, Plant and Equipment’. Further on in the newsletter, you will find IFRS-related news at Grant Thornton and a general round-up of financial reporting developments. We finish with a summary of the implementation dates of newer Standards that are not yet mandatory, and a list of IASB publications.
If you would like to discuss any of the topics raised in the newsletter please contact me or your local Grant Thornton member firm.