GTI IFRS News Q4 2019

This Accounting Alert is issued to provide quarterly update on all things relating to International Financial Reporting Standards (IFRS). We'll bring you up to speed on topical issues, provide comment and points of view and give you a summary of any significant developments.

Fourth Quarter Edition of IFRS News

We begin this fourth edition of 2019 by considering the latest news from the International Accounting Standards Board (IASB) and conclude with IFRS-related news at Grant Thornton. 

We take a look at the following:

  • Amendments to IFRS 9, IAS 39 and IFRS 7, Interest Rate Benchmark Reform, effective for annual periods beginning on or after January 1, 2020, with earlier application permitted
  • Grant Thornton's response to the proposed amendments to IFRS 17, Insurance Contracts
  • Grant Thornton's response to the proposed amendments to IAS 12, Income Taxes - Deferred Tax related to Assets and Liabilities arising from a Single Transaction
  • Grant Thornton's response to proposed amendments to IAS 1, Presentation of Financial Statements and IFRS Practice Statement 2, Making Material Judgments - Disclosures of Accounting Policies 

We finish with brief news at Grant Thornton, including the release of Insights into IFRS 3: Definition of a Business.

 

See attached copy of the Fourth Quarter Edition of IFRS News for further details.