Failed to comply with IFRS
by
Silvia
Question We adopted IFRS two years ago. We applied all accounting policies as required by IFRS, except for defined benefit plan accounting under IAS 19. We did not use projected unit credit method in accounting for defined benefit plans. We also did not use the…
Financial Statements
0
Change in the reporting period and comparatives
by
Silvia
Question Our company decided to change its financial year. The current reporting year is from 1st January to 31st December and the new one will be from 1st April to 31st March. How shall we present this change? Are there any disclosures we need to…
Recent Comments
- Saheed Kehinde on How to account for intercompany loans under IFRS
- hassan ali on IFRS 15 Explained: Full Guide on 5-step Model for Revenue Recognition + Free Journal Entries Template
- 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
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)
