CPDbox - Making IFRS Easy
  • Toggle menu
    CPDbox - Making IFRS Easy
    • Articles
      • IFRS Videos
      • Financial Instruments
      • Consolidation and Groups
      • Financial Statements
      • Revenue Recognition
    • Standards
    • IFRS courses
      • IFRS Kit – Online IFRS Course
      • IFRS Team Training Package
      • Expected Credit Loss for Accountants
      • Speak Like an IFRS Expert
      • Resources that we use
      • Free Downloads
    • IFRS Q&A
    • Contact Us
      • Contact Us
      • About Us
    • My Account
    IFRS 16 Leases

    IFRS 16 Leases vs. IAS 17 Leases: How the lease accounting changed

    by Silvia

    In January 2016, IASB issued another important and long-discussed standard: IFRS 16 Leases that will replace IAS 17. Ever since then I receive lots of e-mails asking me to sum up what’s new. OK, so here you go. In this article, you’ll learn about the…

    Most popular, Provisions and Other Liabilities 251
    IFRS Tax holidays

    Tax Incentives – IAS 12 or IAS 20?

    by Silvia

    In my previous article about accounting for government grants I asked you to give me some feedback and write me about some problems or issues in this area. Surprisingly, most of your responses asked one and the same question: How to account for tax incentives…

    Provisions and Other Liabilities 12
    IAS 20 Government Grants

    How to Account for Government Grants (IAS 20)

    by Silvia

    Almost every government supports certain companies or business by providing grants or other kind of assistance. As this is clear benefit and advantage comparing with other companies without such an assistance, it should be properly reported in the financial statements. How? Let’s explain the rules…

    IFRS Videos, Non-current Assets, Provisions and Other Liabilities 260
    IFRS employee loans

    How to Account for Employee Loans (interest-free or below-market interest)

    by Silvia

    After I wrote an article about capitalizing borrowing cost, I got a lot of e-mails asking me actually HOW to account for loans that do not bear the interest rate reflecting market conditions. In other words, how to account for loans at below-market interest rate,…

    Financial Instruments, Provisions and Other Liabilities 169
    IAS 37 Provisions

    How to Account for Provisions – Practical Questions

    by Silvia

    Today, let’s be practical. A couple of weeks ago, I published an article about IAS 37 Provisions, Contingent Liabilities and Contingent Assets. I received a lot of questions from you, so here I try to give you my answers to the issues that popped out…

    Provisions and Other Liabilities 44
    IAS 37 Provisions

    IAS 37 Provisions, Contingent Liabilities and Contingent Assets

    by Silvia

    Last update: March 2025 Free video lecture with the rules of IAS 37: Have you ever heard a joke about two accountants applying for a job? During their interview, they were given a task to calculate a net profit figure based on available data. After…

    IFRS Videos, Provisions and Other Liabilities 136
    LearnDeferredTaxL

    Deferred Tax: The Only Way to Learn It

    by Silvia

    Deferred tax is neither deferred, nor tax: it is an accounting measure, more specifically an accrual for tax. I’m very proud to publish the first guest post ever in this website, written by Professor Robin Joyce FCCA who will explain you, in a detail, how…

    Provisions and Other Liabilities 61
    IFRSChanges2014

    Top 5 IFRS 2014 and 2013 Changes

    by Silvia

    The year 2013 started off with some really significant IFRS amendments that you need to take into account when preparing your IFRS financial statements as at 31 December 2013. Although these changes should be applied in the year 2013 for the first time, you also…

    Consolidation and Groups, Financial Instruments, IFRS Videos, Provisions and Other Liabilities 16
    IFRS 2 Share based payment

    IFRS 2 Share-Based Payment

    by Silvia

    Does your company remunerate its top management by granting them own shares? Or,   do employees receive bonuses based on the increase of the company’s share price? Transactions whereby companies pay for the goods or services received by issuing shares or similar instruments are very…

    IFRS Videos, Provisions and Other Liabilities 83
    IAS 12 Income tax bases

    The Unconventional Guide To IAS 12 Tax Bases

    by Silvia

    Last week I published an article with summary of the standard IAS 12 on Income taxes. It’s not an easy text to read and some definitions in IAS 12 are so obscure that many people grope in the fog unsure what to do. When it…

    Provisions and Other Liabilities 53
    • Previous
    • 1
    • 2
    • 3
    • 4
    • Next

    Practical IFRS Pack Newsletter

    IFRS Kit

    IFRS Teams

    Recent Comments

    • BiG4 on IAS 23 Borrowing Costs Explained (2025) + Free Checklist & Video
    • Mpho on How to present leases under IFRS 16 in the statement of cash flows (IAS 7)
    • Silvia on IFRS 18 Explained: Full Guide + Free Video Lectures + Checklist
    • Bilawal on IAS 16 PPE Explained (2025): Full PPE Guide + Free Compliance Checklist
    • Augustine Fabuinkwi on IFRS 18 Explained: Full Guide + Free Video Lectures + Checklist

    Categories

    • Accounting Policies and Estimates (14)
    • Consolidation and Groups (25)
    • Current Assets (21)
    • Financial Instruments (56)
    • Financial Statements (54)
    • Foreign Currency (9)
    • IFRS Videos (74)
    • Insurance (3)
    • Most popular (6)
    • Non-current Assets (56)
    • Other Topics (15)
    • Provisions and Other Liabilities (46)
    • Revenue Recognition (27)
    • Uncategorized (1)

    Copyright © 2009-2025 Simlogic, s.r.o. All Rights Reserved.

    IFRS® is the IFRS Foundation’s registered Trade Mark and is used by Simlogic, s.r.o
    under licence during the term and subject to the conditions contained therein.

    Terms of Service

    We use cookies to offer useful features and measure performance to improve your experience. By clicking "Accept" you agree to the categories of cookies you have selected. You can find further information here.

    STAY AHEAD IN IFRS

    the Practical IFRS Pack — including checklists, journal entries, and cheat sheets you can actually use.


    Please check your inbox to confirm your subscription.