IFRS Perspectives - Q1 2020

Is goodwill amortization making a comeback?

Should goodwill be amortized? The two Boards are deliberating whether goodwill amortization should be reintroduced to replace the impairment-only model.

Accounting standards boards respond to IBOR reform

Accounting standard setters address stakeholder concerns about benchmark rate transition.

Amendments to classification of liabilities (IAS®1)

Current or noncurrent classification of liabilities could change, affecting covenants compliance