IFRS Reporting

IFRS / HKFRS News - Jun 2017

Updates on IFRS 17 which was finally issued after 20 years. The IFRS 15 series article talks about warranties while Lease lab introduces IFRS 16’s impact on lessor accounting. Also includes update from Cannon Street on IFRIC interpretation ratification, amendments to IAS 28, and goodwill and impairment research project. NIFRICS by numbers for this month talks about practical implications of IFRIC rejections related to IAS 36 ‘Impairment of assets’.

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