20% Listed Companies in EU have failed in IFRS compliance according to ESMA report which has led to action against 273 issuers. NEW
IFRS 16 (new 'Lease' Standard) shifts pressure point to distinguishing between a service and a lease NEW
India Govt. defers applicability of Ind AS 115 due to the deferral of global standard IFRS 15 (new revenue standard) NEW
India Government announces Roadmap for Ind AS implementation by banks, insurers, NBFCs from 1st April, 2018
Under IFRS 16 the new lease standard, for lessees IASB decided on a single model for all lease recognition, while FASB has decided on a dual model.
Read more about the impact & benefits of the new Lease Standard #IFRS16. Detailed “Effects Analysis” published by the IFRS Foundation
IASB to Consult on Temporary Measures Relating to Effective Dates for IFRS 9, New Insurance Contracts Standard
IFRS – Implication for Students by Norbert Tschakert, Charles W. Lamden School of Accountancy, San Diego State University
