Episode 37: PwC IFRS Talks: Episode 37: Quarter 3 2018 Reminders
What do you need to know for Q3? Find out in just 20 minutes with regulars Tony, Sandra and Larry.
IFRS Reporting
IFRS is the common global financial reporting language. Major new standards for financial instruments, revenue recognition and leasing present significant challenges to preparers of financial statements. You'll find the latest practical application guidance from the experts at PwC here.
IFRS insights
Disclosure of the expected impact of IFRS 16: PwC In brief
IFRS 16, the new accounting standard for leases, becomes effective for annual reporting periods commencing on or after 1 January 2019.
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Episode 36: PwC IFRS Talks: Disposals
Where do we start with disposals? What is in scope of IFRS 5 and IFRS 10? Iain Selfridge helps us navigate the standards and explains the debits and credits of disposal accounting in just 20 minutes.
Accounting for typical transactions in the football industry
This edition considers the IFRSs and interpretations applicable as at September 2018. It includes solutions for IFRS 15, ‘Revenue’, and IFRS 9, ‘Financial Instruments’, as well as IFRS 16, ‘Leases’, the latter being issued but only effective for annual periods beginning on or after 1 January 2019. Each solution addresses a specified set of circumstances.
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Amendments to IFRS 3 - Definition of a business
On 22 October 2018, the IASB issued amendments to the guidance in IFRS 3, ‘Business Combinations’, that revises the definition of a business. According to feedback received by the IASB, application of the current guidance is commonly thought to be too complex, and it results in too many transactions qualifying as business combinations.
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Episode 35: PwC IFRS Talks: Cryptographic assets
Cryptographic assets are a hot topic - but how do you account for them? Katie Woods sheds light on a number of open accounting questions in just 20 minutes.
IAS 29 becomes applicable in Argentina: PwC In depth
IAS 29, ‘Financial reporting in hyper-inflationary economies’, should be applied by entities with a functional currency of the Argentine peso for accounting periods ending on or after 1 July 2018; and it should be applied as if the economy had always been hyper-inflationary. This In depth explains the application of IAS 29.
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Episode 34: PwC IFRS Talks: IAS 1, Judgements and Estimates
Information about judgements and estimates plays a crucial role in investor decision making. Peter Hogarth shares top tips on good disclosure.
IFRS Standardsbearer
New accounting standards have been finalised by the International Accounting Standards Board for Financial Instruments (IFRS 9), Revenue (IFRS 15) and Leases (IFRS 16). They come into effect in 2018/19. Our IFRS Standardsbearer report highlights where the new standards may affect your existing IFRS financial statements and gives your implementation projects a fast start.
IFRS Standardsbearer
IFRS manual of accounting
The PwC IFRS Manual of Accounting is our collected insights on the application of IFRS, the language of the global capital markets. IFRS requires professional accountants and preparers to make judgements when applying the standards. We share the practical IFRS knowledge of the PwC network with those charged with preparing, auditing, enforcing and perhaps most importantly using IFRS financial statements.
