Annual IFRS update seminar

Additional material

Additional material

  • 1000

Accounting for proceeds before an asset's intended use

Amendments to IAS 16 will mainly affect extractive and petrochemical industries

Accounting policy or estimate?

A focus on accounting estimates

Annual improvements to IFRS standards

Amendments effective for annual reporting periods beginning on or after 1 January 2022

Applying materiality when preparing financial statement

Refined definition and existing guidance aim to help preparers apply judgement

Assessing if a contract is onerous

Click here to read our 7-step guide

Classifying liabilities as current or non-current

Applies retrospectively from January 2024

IBOR reform - Phase 2 final amendments issued

Targeted accounting relief to ease adoption of a new benchmark rate

Insurance contracts

KPMG insights on accounting change for insurers

Lease liability in a sale-and-leaseback

Click here to find our how this will affect your business

Recognising deferred tax on leases

Narrowing the scope of IAS 12’s initial recognition exemption to improve comparability

Rent concessions - Lessee relief extended

One-year extension to practical expedient

KPMG IFRS presentation

KPMG IFRS presentation

Click here to download the presentation
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