IDW publishes technical note

Against the backdrop of a large number of global events such as geopolitical and economic conflicts (such as the recent imposition of tariffs on imports into the USA), pandemics and natural disasters that lead to increased economic uncertainty, the IDW has addressed selected issues relating to half-year financial reporting in accordance with IFRS as at 30 June 2025.

In addition to possible effects on potentially affected items in the financial statements, the technical note dated 27 June 2025 also addresses selected accounting issues.

The letter includes information on:

• Inventories and property, plant and equipment
• Impairment tests
• Income taxes
• Financial instruments
• Liabilities (in connection with covenants)
• Provisions
• Revenue recognition
• Disclosures on discretionary decisions and assumptions
• Updating disclosures on circumstances at the reporting date
• Going concern

The technical note is available on the IDW website.