International Financial Reporting Standards (IFRS) are detailed and technical. To the untrained eye, they can appear hard to navigate. At Grant Thornton we are well versed in their intricacies and can translate them into language that you can understand and apply to your financial statements.

Our IFRS Viewpoint series provides collective insights from global IFRS advisors and experts in Grant Thornton on applying IFRSs in challenging situations. Each edition will focus on an area where the Standards have proved difficult to apply or lack guidance.

Here are the latest in our series we have released:

6 articles available

IFRS

Inventory discounts and rebates

This Viewpoint considers how purchaser accounts for discounts and rebates when buying inventory

| 1 min read |
IFRS

Reverse acquisitions outside the scope of IFRS 3

This IFRS viewpoint introduces situations in which mergers and acquisitions are accounted for as reverse acquisitions and how they should be accounted for.

| 1 min read |
IFRS

Configuration or customisation costs in a cloud computing arrangement

Accounting for Cloud Computing or Software as a Service (SaaS) arrangements.

| 6 min read |
IFRS

Common control business combinations

Common control business combinations

| Less than a minute |
IFRS

Accounting for cryptocurrencies

In this Viewpoint, we explore the acceptable methods of accounting for holdings in cryptocurrencies while touching upon other issues that may be encountered when accounting for cryptocurrencies.

3 min read |
IFRS

Acquisition of investment properties

This IFRS viewpoint addresses whether to treat the acquisition of an investment property as an asset purchase or a business combination. This is an important issue because the IFRS accounting requirements for a business combination are very different from asset purchases.

3 min read |