Explore the key requirements on how to account for business combinations in this article. It helps preparers to focus on the important considerations as required in IFRS 3.
Factsheet
Posted inFinancial Accounting
Factsheet Series: Accounting for Business Combinations in IFRS 3 (Part 1)
The article summarises the accounting for business combinations in IFRS 3. This Part 1 explains the concept and how we determine a business combination.
Posted inFinancial Accounting
Factsheet Series: Accounting for Joint Arrangements in IFRS 11
A quick summary on how an entity should account for its interest in joint arrangements, including those that it has joint control or not under IFRS 11.
Posted inFinancial Accounting
Factsheet Series: Key principles in accounting for Associates and Joint Ventures
The summary of the key principles to account for investments in associates and joint ventures under IAS 28, including when not to apply the equity method.
Posted inFinancial Accounting
Factsheet Series: Key Principles in the Preparation of Consolidated Financial Statements in IFRS 10
Preparation of consolidated financial statements can be confusing. This article helps you to understand the key principles of IFRS 10.
Posted inFinancial Accounting
Factsheet Series: Preparation of Separate Financial Statements under IAS 27
This article helps you to understand what is separate financial statements in IAS 27 and how does it differ from other types of financial statements.
Posted inFinancial Accounting
Factsheet Series: Key focus of IAS 10 Events after the Reporting Period
Join us in this article to understand how those events which took place after the reporting period may affects the numbers reported in the financial statements.
Posted inFinancial Accounting
Factsheet Series: 10 key takeaways on IAS 29 Financial Reporting in Hyperinflationary Economies
Does your company’s functional currency is the currency of a hyperinflationary economy? Not sure what is a hyperinflationary economy? Or you not sure how to record and report on your financial results? Find out the details in the article.
Posted inFinancial Accounting
Factsheet Series: 7 key takeaways on IAS 41 Agriculture
Does your company involve in agricultural activities such as raising livestock, fish and poultry, orchards, or floriculture? Find out more from this article on how you should show and record their value to your business.
Posted inFinancial Accounting
Factsheet Series: 10 key takeaways on IAS 20 Accounting for Government Grants and Disclosure of Government Assistance
We bring to you the accounting requirements in IAS 20 on how to account and what to disclose in relation to government grants and government assistance.