IFRS Perspectives

Archived IFRS Perspectives

• IFRS Perspectives – Q2 2021

  Customer accounting for software-as-a-service arrangements, proceeds before an asset’s intended use, Q2 2021 standards update, and related party disclosures (IFRS – US GAAP top differences)

• IFRS Perspectives – Q1 2021

  SPACs: What GAAP applies?, real estate lessors, IASB’s two-phase IBOR reform project, statement of cash flows (IFRS – US GAAP top differences)

• IFRS Perspectives - Q4 2020

  Proposed changes to IFRS Standards financial statements, IFRS 17, 2020 Interpretations Committee’s Agenda Decisions, and going concern (IFRS – US GAAP top differences).

• IFRS Perspectives - Q3 2020

  COVID-19 related rent concessions, onerous contracts, termination benefits and furloughs, and presentation of COVID-19 impacts to the income statement.

• IFRS Perspectives - Q2 2020

  Financial reporting impacts of COVID-19, and interim financial reporting (IFRS - US GAAP top differences).

• IFRS Perspectives - Q1 2020

  Is goodwill amortization making a comeback?, accounting standards boards respond to IBOR reform, and amendments to classification of liabilities (IAS 1).

• IFRS Perspectives - Q4 2019

  Recent clarifications of new leases standard, and defined benefit plans (IFRS - US GAAP top differences).

• IFRS Perspectives - Q3 2019

  Lease modifications, revenue recognition: post-implementation observations, and capitalization of borrowing costs (IFRS - US GAAP top differences).

• IFRS Perspectives - Q2 2019

  IFRS IC agenda decisions, and government grants (IFRS - US GAAP top differences).

• IFRS Perspectives - Q1 2019

  IESBA implications, IFRS 9 challenges, and accounting for legal claims (IFRS - US GAAP top differences).

• IFRS Perspectives - Q4 2018

  Definition of a business, being acquired by an IFRS company, and income statement presentation (IFRS - US GAAP top differences).

• IFRS Perspectives - Q3 2018

  Implications of the new leases standard, IFRS 9 disclosures, and restructuring costs (IFRS - US GAAP top differences).

• IFRS Perspectives - Q2 2018

  US tax reform impact on M&A, IFRS 15 implementation, and impairment of equity method investees (IFRS - US GAAP top differences).

• IFRS Perspectives - Q1 2018

  Impact of US tax reform, and accounting for income taxes (IFRS - US GAAP top differences).

• IFRS Perspectives - Q4 2017

  IFRIC 23 income tax uncertainties, accounting for PP&E, hyperinflationary economies, hedge accounting and leases implementation.