The International Financial Reporting Standards (IFRS) are a set of global accounting standards, and IFRS 16 outlines how companies should report property leases. It replaces the old IAS ...

Tacked in between the surprising but not so surprising revelation that bond notes and all of Zimbabwe’s pseudo currencies were no longer equal to the USD, was a cryptic reference to something called ...

GAAP reports in detailed, precise formats; IFRS allows flexible, principle-based reporting. GAAP does not permit asset value recovery post-impairment; IFRS allows revaluation. IFRS does not mandate ...

Stefan De Lombaert, SAS: IFRS 17 is scheduled to be applied on or after January 1, 2022. It will have implications on financial disclosures and profound operational impacts on all aspects of the ...

IFRS 17, which goes into effect in 2021, represents one of the most significant shifts to insurance accounting requirements in the last 20 years. Workday and Aptitude Software have partnered to create ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tough new rules are set to push banks to take a hit on their balance sheets for losses they expect to make in ...

The International Financial Reporting Standards (IFRS) are a set of global accounting standards, and IFRS 16 outlines how companies should report property leases. It replaces the old IAS ...