2023 is just the start of the IFRS 17 journey. For further information, see this IFRS 17 podcast series.Summary IFRS 17 represents the most significant change to insurance accounting requirements in more than tw
Contrarily, IFRS is considered unsuccessful, because it is riddled with negative consequences, such as rising costs of compliance and preparation, especially in developing and less industrialized nations. We conclude that comparability of accounting information on an international scale is the most ...
Porter and Kramer (2006) argue that since firms are not responsible for all of the problems in the world, each firm can efficiently identify and solve particular problems in their field, which can have a more significant impact on society than any other organization. This argument indicates that...
IFRSDefault PredictionIncentivesEnforcementThe study tests for changes in default prediction accuracy following the country-level switch to International Financial Reporting Standards (IFRS) in 20 Europedoi:10.2139/ssrn.2965715Gutierrez, Elizabeth FVulcheva, Maria...
Changes in the scope of consolidation and reclassifications to discontinued operations and assets held for sale in accordance with IFRS 5 include: -Bolloré Logistics, sold on February 29, 2024, reclassified in 2023 as a business held for sale; ...
This release contains certain alternative performance measures (APMs) as defined by the ESMA guidelines which are not defined under IFRS. Further information on these APMs is included in the Half-Year Management Report accompanying the Half Year Earnings 2024 report, available on our websitehttps:/...
There are six important tax changes coming into effect in Canada in 2023 that taxpayers and their advisors should be aware of to avoid unintended tax consequences and to ensure compliance with new reporting requirements.
The year 2014 brought us some very significant changes in IFRS. While some changes might not give you a hard time to adopt, the other changes can cost you a lot of money and time to make them effective in your company. The year 2014 was rich in exactly these “revolutionary” changes ...
Presentation currencyis the currency in which the financial statements are presented. In most cases, functional and presentation currencies are the same. Special For You!Have you already checked out theIFRS Kit? It’s a full IFRS learning package with more than 40 hours of private video tutorials...
changes in Romania Information Systems on the impact of the transition to IFRS in the current legislative changes in RomaniaInformation Systems on the impact of the transition to IFRS in the current legislative changes in RomaniaThe purpose of this research work is to show the importance of ...