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Accounting implications of the Coronavirus (COVID-19)
IFRS Accounting implications of the Coronavirus (COVID-19)
The spread of the Coronavirus is impacting businesses around the world. Entities need to carefully consider the accounting implications of this situation. This IFRS Alert considers the impact of the Coronavirus on 31 December 2019 year ends.
19 Mar 2020
IASB Issues Classification of Liabilities as Current or Non-Current
IFRS Alert IASB Issues Classification of Liabilities as Current or Non-Current
On 23 January 2020 the IASB published ‘Classification of Liabilities as Current or Non-Current (Amendments to IAS 1)’ which clarify the Standard’s guidance on whether a liability should be classified as either current or non-current.
04 Feb 2020
How to select and apply accounting policies?
FRAS How to select and apply accounting policies?
IAS 8 Accounting Policies, Changing in Accounting Estimates and Errors specifies the requirements for selecting and applying accounting policies.
25 Nov 2019
IFRS Hub
IFRS Hub
Welcome to our IFRS Hub, featuring IFRS-related articles that can help you stay ahead, enabling you to strengthen your business and stakeholders' confidence.
14 Aug 2018