Proposed changes to IFRS Standards financial statements, IFRS 17, 2020 Interpretations Committee’s Agenda Decisions, and going concern (IFRS – US GAAP top differences).
Proposed changes to IFRS® Standards financial statements Proposals aim to bring more comparability, transparency and discipline to financial statements.
IFRS 17: Accelerating implementation while managing costs When adopting IFRS 17, US insurers are trying to minimize disruption to their primary basis of reporting.
Going concern: IFRS® Standards compared to US GAAP Management’s assessment of going concern is in the spotlight because of COVID-19 and uncertainties involved.
Are you really in compliance with IFRS® Standards in 2020? Here is a summary of the 2020 IFRS Interpretations Committee’s Agenda Decisions.