Certain accommodations have been made, such as deferring effective dates, extending project timelines and comment periods and providing relief on accounting for rent … 22 Oct 2020. This site uses cookies to provide you with a more responsive and personalised service. Amendments to IFRS 17 | June 2020 Use of the risk mitigation option IFRS 17 permits a company to apply the risk mitigation option when it uses derivatives to mitigate financial risks arising from insurance contracts with direct participation features (contracts to which the variable fee approach applies). A full summary of the December Board meeting can be found in the IASB Update. Updated IPSAS-IFRS alignment dashboard. You can find all our podcasts on our podcast page, where you can also register to receive alerts when a new podcast becomes available. IASB ® Board acknowledges the COVID-19 related challenges that stakeholders face in effectively implementing new and amended standards. From the IFRS Institute – May 29, 2020. IFRS 13 Fair Value Measurement – Summary. Summary of Consolidated Financial Results For the Fiscal Year Ended March 31, 2020 (IFRS basis) (April 1, 2019 – March 31, 2020) *This document is an English translation of materials originally prepared in … The staff provided a general summary of feedback on the RFI gathered during the consultation period. Summary of the new IFRS standards. Individual 'IFRS at a Glance' files per standard, which are consolidated into the following single document, are available further down the page. We have found two IAS and IFRS summaries by different firms for you to revise accounting standards. Backing this up is information about the IASB and an analysis of the use of IFRS Standards around the world. IFRS 15 Revenue from contracts with customers – Summary. It is the ideal guide, update and refresher for everyone involved. IFRS 15 Revenue from contracts with customers – Snapshot. ACCO UNTING UPDATE 2020 Standards Issued and Effective Dates Issued January 2020 1 Introduction The following is a summary of new standards and pronouncements that are in issue and effective in the 2020 sets of financial statements of entities or thereafter. For this, we need Summaries of IAS and IFRS to revise them in a short period of time. 10 Nov 2020. 09 Nov 2020. 19 Nov 2020. Updated IPSAS-IFRS alignment dashboard. Dear students as you know that remembering all IAS and IFRS is a very difficult task. IPSASB exposure draft on borrowing costs. 28 Aug 2020… IFAC releases training material on IPSAS. Summary of Business Results for the Fiscal Year Ended September 30, 2020 [IFRS] (Consolidated) November 13, 2020 Company Yumeshin Holdings Co., Ltd. 11 Dec 2020. Preparers should take note of these amendments IFRS for SMEs at a glance These documents have been compiled to assist in gaining a high level overview of the International Financial Reporting Standard for Small and Medium-sized Entities. Summaries of IAS and IFRS. Get in Touch. By using this site you agree to our use of cookies. For more information about becoming a member, recruitment opportunites or to contact a member firm * * * Send. IPSASB delays effective dates. project plans for the Post-implementation Review of the classification and measurement requirements in IFRS 9 Financial Instruments. The 2019 edition is a comprehensive summary of the current Standards and Interpretations along with details of the projects on the IASB work plan. In effectively implementing new and amended standards 2019 edition is a comprehensive summary of the current standards and along... Or to contact a member firm * * * Send standards and along! 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