COVID-19 related rent concessions, onerous contracts, termination benefits and furloughs, and presentation of COVID-19 impacts to the income statement.
Accounting for COVID-19 related rent concessions IFRS 16 amendments provide relief to lessees in accounting for rent concessions.
Do you have an onerous contract? Recent amendments to IAS 37 clarify how to assess if a contract is onerous under IFRS® Standards.
Termination benefits and furloughs: IFRS® Standards vs. US GAAP Top 10 differences between IAS 19 and US GAAP when accounting for employee termination benefits and furlough arrangements.
COVID-19 and income statement presentation and disclosure Should COVID-19 impacts be shown on the face of the income statement or in the notes under IFRS® Standards?
