IFRS 15 Revenue from contracts with customers – Summary. From the IFRS Institute – May 29, 2020. Backing this up is information about the IASB and an analysis of the use of IFRS Standards around the world. ACCO UNTING UPDATE 2020 Standards Issued and Effective Dates Issued January 2020 1 Introduction The following is a summary of new standards and pronouncements that are in issue and effective in the 2020 sets of financial statements of entities or thereafter. For this, we need Summaries of IAS and IFRS to revise them in a short period of time. IFAC releases training material on IPSAS. Get in Touch. IASB ® Board acknowledges the COVID-19 related challenges that stakeholders face in effectively implementing new and amended standards. You can find all our podcasts on our podcast page, where you can also register to receive alerts when a new podcast becomes available. IPSASB exposure draft on borrowing costs. Dear students as you know that remembering all IAS and IFRS is a very difficult task. By using this site you agree to our use of cookies. A full summary of the December Board meeting can be found in the IASB Update. The staff provided a general summary of feedback on the RFI gathered during the consultation period. We have found two IAS and IFRS summaries by different firms for you to revise accounting standards. Summaries of IAS and IFRS. 09 Nov 2020. Preparers should take note of these amendments IFRS 15 Revenue from contracts with customers – Snapshot. 19 Nov 2020. project plans for the Post-implementation Review of the classification and measurement requirements in IFRS 9 Financial Instruments. 11 Dec 2020. IFRS 13 Fair Value Measurement – Summary. Summary of the new IFRS standards. Certain accommodations have been made, such as deferring effective dates, extending project timelines and comment periods and providing relief on accounting for rent … It is the ideal guide, update and refresher for everyone involved. Individual 'IFRS at a Glance' files per standard, which are consolidated into the following single document, are available further down the page. IPSASB delays effective dates. Summary of Business Results for the Fiscal Year Ended September 30, 2020 [IFRS] (Consolidated) November 13, 2020 Company Yumeshin Holdings Co., Ltd. 28 Aug 2020… Amendments to IFRS 17 | June 2020 Use of the risk mitigation option IFRS 17 permits a company to apply the risk mitigation option when it uses derivatives to mitigate financial risks arising from insurance contracts with direct participation features (contracts to which the variable fee approach applies). IFRS for SMEs at a glance These documents have been compiled to assist in gaining a high level overview of the International Financial Reporting Standard for Small and Medium-sized Entities. This site uses cookies to provide you with a more responsive and personalised service. 22 Oct 2020. For more information about becoming a member, recruitment opportunites or to contact a member firm * * * Send. Updated IPSAS-IFRS alignment dashboard. Summary of Consolidated Financial Results For the Fiscal Year Ended March 31, 2020 (IFRS basis) (April 1, 2019 – March 31, 2020) *This document is an English translation of materials originally prepared in … Updated IPSAS-IFRS alignment dashboard. The 2019 edition is a comprehensive summary of the current Standards and Interpretations along with details of the projects on the IASB work plan. 10 Nov 2020. Refresher for everyone involved work plan * Send contracts with customers – Snapshot, 2020 project plans the! 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