Our latest IFRS News contains some information about the US Tax reform, IFRS IC decision, cryptocurrency and more.
US Tax reform – accounting under IFRS
President Trump signed into law on 22 December 2017 extensive changes to the US tax system. These changes are substantively enacted for accounting purposes in 2017 and should be reflected in the financial statements at 31 December 2017.
IFRS IC decision on interest and penalties related to income taxes
The IFRS Interpretations Committee (IC) issued an agenda decision in September 2017 on interest and penalties related to income taxes.
IFRS Blog: Accounting for Cryptocurrency
Guest blogger Gary Berchowitz, PwC Partner discusses the issues of the month: What is cryptocurrency? So what’s the accounting issue? What is wrong with today’s accounting?
Cannon street press
The January 2018 IASB Update has been published and the work plan updated.
Read last quarter’s IFRS News issue from October 2017
Disclose – PwC’s online magazine
Reading our latest issue of Disclose you’re sure to get an adrenaline rush as we investigate a topic with particularly close connections to sport: high-performing organisations.
Read more about “IFRS: the impact of IFRS 15 on your financial statements prepared under the Swiss Code of Obligations” in our latest Disclose 27 issue here.