Segment reporting – IFRS 8 23 Employee benefits – IAS 19 24 Share-based payment – IFRS 2 26 Taxation – IAS 12, IFRIC 23 27 Earnings per share – IAS 33 28 Balance sheet and related notes 29 Intangible assets – IAS 38 30 Property, plant and equipment – IAS 16 31 Investment property – IAS 40 32 Impairment of assets – IAS 36 33 IAS 16 –Property, Plant and Equipment Overview of Major Differences ASPE and IAS 17 contain broadly similar requirements concerning leases, with some differences in specific situations. View Notes - IAS 16 from COMMERC 105 at Oxford High School, Oxford. IAS 8. Accounting Policies, Changes in Accounting Estimates and Errors. IFRS 16 Leases replaces IAS 17, SIC 15, SIC 27 and IFRIC 4 and sets out the principles for the recognition, measurement, presentation and disclosure of leases by lessors and lessees. IAS 19 (S) Employee Benefits (Superseded from 1 Jan 2013) IAS 20 Earlier application is permitted, however, in May 2020 proposed deferral of the effective date to 1 January 2023. IAS 11. the Board, the International Accounting Standards Committee (IASC), issued a discussion paper on the topic. The amendments are a response to findings that some companies experienced difficulties using the old definition when judging whether information was material for inclusion in the financial statements. IAS 10.8 bis zur Aufstellung bzw Feststellung in der Form zu berücksichtigen sind, dass die Abschlusszahlen (Bilanz/GuV) anzupassen sind. BDO is continuously finding new ways to help your organization thrive. Leases. The consultation closes in July 2018. Revenue. A fresh look at IFRS 8, ‘Operating segments’ Guide produced by PwC in March 2015 explaining the key requirements of IFRS 8 and looking at practical issues that have developed since the standard was issued. параграф ias 8:5] Здесь следует подчеркнуть, что МСФО (ias) 8 конкретно указывает, что основой учета (особенно основой оценки), является учетная политика, а не бухгалтерская оценка. Amendments to IAS 1 and IAS 8: Definition of material. Events After the Reporting Period. Construction Contracts. IAS 10. Guidance for jointly controlled entities that was previously included in IAS 31 Interests in Joint Ventures is now provided in IFRS 11. Key facts. BDO has prepared a range of useful information and guidance to assist you and your business to manage IFRS 16 and its implications. Employee Benefits. IAS 1 Presentation of Financial Statements 1 January 2005 35 IAS 2 Inventories 1 January 2005 36 IAS 7 Statement of Cash Flows 1 January 1994 37 IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors 1 January 2005 38 IAS 10 Events After the Reporting Period 1 January 2005 39 IAS 11 Construction Contracts 1 January 1995 40 IAS 16. 2019/01. ASPE - IFRS - BDO Canada An entity is required to assess at each reporting date whether there is any indication of impairment.Paragraph 12 of IAS 36 sets out examples of impairment indicators, both external and internal indicators.For the purpose of recognition and measurement of an impairment loss, ASPE requires a long-lived asset to be. BDO real estate and construction team is available to collaborate with you, wherever you do business. All disclosure requirements that, under previous guidance, were included in the individual standards (IAS 27(2008), IAS 28(2008) and IAS 31), are now set out in IFRS 12. Property, Plant and Equipment. Practical guide to Phase 2 amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 for interest rate benchmark (IBOR) reform The IASB has issued amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 that address issues arising during the reform of benchmark interest rates including the replacement of one benchmark rate with an alternative one. IASB issues guide on selecting and applying accounting policies . IAS 8 Net Profit or Loss for the Period, Fundamental Errors and Changes in Accounting Policies was issued by the International Accounting Standards Committee in December 1993. The amendments to IAS 1 are applicable for annual periods beginning on or after 1 January 2022. Retrospective restatement is correcting the recognition, measurement and disclosure of amounts of elements of IFRS 9 Financial Instruments Why you need to work with BDO on IFRS 9 ‘Financial Instruments’ Failing to implement IFRS 9 adequately could lead to profit warnings, delays in lodging financial statements, qualified audit reports and even a loss of investor confidence and sharp falls in share price. From the perspective of the lessee, leases are classified as either operating or capital (IFRS uses the term “finance lease” instead of “capital lease”). Over the life of the asset, IAS 10.3 a) i.V.m. Die Europäische Beratungsgruppe zur Rechnungslegung (European Financial Reporting Advisory Group, EFRAG) hat am 8. Consumer Business BDO’s consumer business expertise combines the retail, tourism, leisure and hospitality industries. BDO Center for Business Innovation When it comes to business, innovation is changing everything. Endgültige Stellungnahme zu den vorgeschlagenen Änderungen an IAS 8. Tali modifiche sono … Exposure draft released on how to account for changes in accounting policies as a result of IFRS Interpretations Committee agenda decisions . It replaced IAS 8 Unusual and Prior Period Items and Changes in Accounting Policies (issued in February 1978). amount, less any amount of the revenue that will not be taxable in future periods’ (IAS 12.8). IFRS 2 – being issued in 2004. BDO real estate and construction team is available to collaborate with you, wherever you do business. Modifications to address … International Accounting Standards Board seeks comments on proposed amendments to IAS 8 News item published by the IASB on 27 March 2018 announcing a public consultation for proposed narrow-scope amendments to IAS 8. IFRS IN PRACTICE 2018 fi IFRS 9 FINANCIAL INSTRUMENTS 5 1. 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