Our latest IFRS News contains some information about
IFRIC 23, the leases lab, demistifying IFRS 9 for corporates, IFRIC rejections and more.
IFRIC 23 – Putting some certainty into uncertain tax positions.
Ernesto Mendez highlights the key elements of IFRIC 23, the new Interpretation on uncertain tax treatments.
The Leases Lab
IFRS 16 brings significant changes to accounting for lessees, but what about lessors? Can Professor Lee Singh help you solve the disclosure Problem? Let’s experiment!
Scene 4, Take 1: Demistifying IFRS 9 for corporates: Factoring and business model
Holger Meurer, Financial Instruments expert, explains how Factoring can affect the measurement of receivables.
IFRIC Rejections Supplement – IAS 37
Looking for an answer? Maybe it was already addressed by the experts. Joanna Demetriou investigates.
The IFRS 15 Mole
PwC revenue specialist Ruth Preedy investigates how to account for licenses under IFRS 15 with the help of the Mole.
Suspects: A licence Arrangement establishes a customer’s rights to an entity’s intellectual property (IP) and the entity’s obligations to provide those rights. Common licenses include patents, software, motion picture and trademarks.
Incident description: Management should assess whether the contract includes a license that is distinct and therefore treated as a separate performance obligation.
Cannon Street Press
- Definition of a business
- IAS 8 – Accounting policy changes resulting from IC agenda decisions
- Rate regulated
Read the latest issue on IFRS News from June 2017
In brief – A look at current
financial reporting issues
- SEC announces policy changes designed
to facilitate capital formation:
PwC In brief US2017-20
- GASB issues new lease accounting rules:
PwC In brief US2017-19
- FASB proposal would amend related party consolidation guidance for VIEs:
PwC In brief US2017-18