IFRS (International Financial
Reporting Standards)

  • Share

간행물 (Publications)

IFRS Outlook is EY's newsletter providing insights on IFRS.

June 2013

In this issue you will find: our observations on the main findings of a report issued earlier this year by the European Securities and Markets Authority on impairment disclosures; we speak to Stephen Cooper, member of the IASB, to get his thoughts on the IASB's Conceptual Framework project; IFRS project update and IFRS resources.

March 2013

Read our insights on IFRS, including: the latest on IFRS 9 classification and measurement project; avoiding disclosure overload in financial statements - improving corporate communication through improved disclosures; an update on the projects the IASB and IFRS Interpretations Committee are currently discussing; and our latest IFRS resources.

November 2012

  • Lease classification to remain- what are some implications
  • The IFRS Foundation publishes analysis of the SEC staff's final report on IFRS
  • Spotlight on Canada
  • IFRS adoption in Canada
  • Our IFRS Update on projects the IASB and IFRS Interpretations Committee are currently discussing

September 2012

  • The next wave of IFRS changes that become effective in 2013
  • Executive compensation and the debate over the accounting for equity-settled share-based awards
  • The IAASB's suggested changes to improve the value of the auditor's report
  • Our IFRS Update on projects the IASB and IFRS Interpretations Committee are currently discussing

July/August 2012

  • Lessons learned from year-end reporting: current and future challenges
  • Interim reporting: are you telling the half-time story?
  • Financial reporting considerations in the current economic volatility
  • IFRS project update
  • Resources

May 2012

  • Time for governments to come clean
  • Convergence — a moving target
  • Consistency in IFRS — no borders, one language: dream or reality?
  • The future of the IASB's agenda
  • IFRS project update
  • Resources

March 2012

  • More work needed on revenue recognition
  • IFRS in Brazil: Spotlight on Brazil's IFRS adoption
  • IFRS project update

January 2012

  • Global Accounting Standards post-2011 — a way forward
  • Hedge accounting moves closer to risk management practices
  • IFRS project update

IFRS Developments announces significant decisions on topics that have a broad audience, application or appeal. General and Industry IFRS Developments publications summarise, generally in four pages, IASB and IFRS Interpretations Committee discussion papers, exposure drafts, final standards or interpretations to provide a high-level overview of the requirements.

These publications:

  • Have been issued within the last 12 months, or
  • Address the current IFRS Projects, or
  • Address standards that have been already issued and are still in the implementation phase

IFRS Developments, Issue 75: Boards back away from key aspects of leases proposal

In their joint redeliberations in March, the IASB supported a single on-balance sheet model for lessee accounting while the FASB supported a dual on-balance sheet model. Despite this fundamental difference, the Boards reiterated their commitment to seek a converged solution.

Issue 74: IASB completes redeliberations on expected credit loss model; sets 2018 effective date

The IASB completes its redeliberations on the proposed expected credit loss model and plans to issue the completed version of IFRS 9 Financial Instruments, including the impairment requirements, in the second quarter of 2014 with an effective date from 1 January 2018.

Issue 73: IASB public consultation on post-implementation review of IFRS 3

The IASB recently issued a Request for Information – Post-implementation Review: IFRS 3 Business Combinations. This request for information is intended to formally gather feedback from constituents on a broad range of implementation issues for IFRS 3.

Issue 72: Interim standard on regulatory deferral accounts

The IASB recently issued IFRS 14 Regulatory Deferral Accounts. This interim standard provides first-time adopters of IFRS with relief from derecognising rate-regulated assets and liabilities until a comprehensive project on accounting for such assets and liabilities is completed by the IASB.

Issue 71: IASB issues two cycles of annual improvements to IFRS

The IASB issued two cycles of the annual improvements containing 11 changes to nine standards. The amendments are effective on or before 1 July 2014.

Issue 70: The IASB proposes five changes to clarify four standards.

The IASB issued an exposure draft (ED) containing another cycle of the annual improvements. The ED's comment period ends 13 March 2014.

Issue 69: Boards to re-deliberate key aspects of lease accounting - again

The IASB and the FASB discussed feedback received on their joint lease accounting proposal and decided to re-deliberate the following topics: lease definition and scope, lessee accounting model, lessor accounting model, lease classification, lease measurement provisions and disclosure requirements.

Issue 68: IASB issues IFRS 9 (2013) – hedge accounting is now complete

On 19 November 2013 the IASB issued a new version of IFRS 9 Financial Instruments that includes the new hedge accounting requirements, a 'fast-track' to applying the requirements of IFRS 9 for the presentation of own credit risk-related fair value gains and losses and removes the effective date.

Issue 67: Boards conclude re-deliberations on revenue recognition

The IASB and FASB have now concluded re-deliberations on their joint revenue recognition project. This publication summarises the decisions reached in October 2013 on the assessment of collectibility, application of a constraint on variable consideration and accounting for licences.

Issue 66: Boards continue to deliberate final revenue standard

Boards decide to extend their discussion on the assessment of collectibility, application of a constraint on variable considerations and accounting for licences. This decision may delay the issuance of a final revenue recognition standard to late 2013 or even into 2014.

Issue 65: IASB to defer effective date of IFRS 9 and accelerate own credit requirements

At its July 2013 meeting, the IASB tentatively decided to defer the mandatory effective date of IFRS 9 and to accelerate 'own credit' requirements of IFRS 9.
In this issue we summarise the key decisions made and provide some background on the underlying considerations that led to them.

Issue 64: Boards near completion of the revenue recognition standard

The Boards moved a step closer to finalising their new revenue recognition standard at their July 2013 joint meeting, clarifying aspects of variable consideration and collectibility requirements. They also indicated that they expect to issue a final standard in the third quarter of 2013.

Issue 63: Changes proposed to the requirements for bearer plants

Proposed changes to the accounting requirements for biological assets that are bearer plants were issued in June 2013. Bearer plants would be treated as property, plant and equipment, separate from their agricultural produce. Read a summary of the ED and some of the potential implications.

Issue 62: Amendments to IAS 39 - continuing hedge accounting after novation

In June 2013, the IASB amended IAS 39 to provide relief from discontinuing hedge accounting when novation of a derivative designated as a hedging instrument meets certain criteria. Novation indicates that parties to a contract agree to replace their original counterparty with a new one.

Issue 61: IASB proposes an interim standard on regulatory deferral accounts

In April 2013, the IASB issued an exposure draft (ED) proposing an interim standard to encourage adoption of IFRS in jurisdictions that currently allow, or require, the recognition of rate-regulated assets and liabilities. Read a summary of the ED and some of the potential implications.

Issue 60: Revenue recognition - credit card rewards and transition

In May 2013, the IASB and FASB considered requests for additional guidance on credit card reward transactions and transition requirements for first-time adopters of IFRS in the revenue project.

Issue 59: IASB issues IFRIC Interpretation 21 Levies

The IASB issued IFRIC Interpretation 21 Levies, which clarifies the accounting for levies imposed by governments. The scope of the interpretation is broad and covers all levies, except outflows that are in the scope of IAS 12 Income Taxes and penalties for breaches of legislation.

Issue 58: Boards issue revised leases proposal

The IASB and FASB (the Boards) issued their revised proposal on lease accounting in May 2013. The Boards have re-exposed the accounting treatment of leases for both lessees and lessors, including the recognition of most leases on the balance sheets of lessees.

Issue 57: IASB concludes its re-deliberations on hedge accounting project

In April 2013, the IASB concluded its re-deliberations on the hedge accounting project, which is the third phase of the overall project to replace IAS 39. The final issue that the IASB discussed was the interaction between macro cash flow hedge accounting and the new hedge accounting model.

Issue 56: IASB to clarify interaction between unit of account and fair value measurement requirements

In March 2013, the IASB tentatively decided to clarify the unit of account for investments in subsidiaries, associates and joint ventures, and to clarify the interaction between that unit of account and the fair value measurement requirements in IFRS 13.

Boards discuss allocation of insurance contracts revenue and consider changes

In January 2013, the IASB and the FASB re-deliberated the decisions made in the IASB's ED Insurance Contracts and the FASB's DP, Preliminary Views on Insurance Contracts. In February, the IASB discussed transition for business combinations and the exposure draft due this summer.

Issue 55: Final revenue standard is taking shape

The IASB and FASB have substantially completed their re-deliberations on a comprehensive revenue standard. This publication summarises their decisions to date and discusses the remaining topics to be addressed.

Issue 54: IASB proposes new expected credit loss model

The International Accounting Standards Board (IASB) released a new exposure draft (ED) Financial Instruments: Expected Credit Losses on 7 March 2013, that proposes entities to recognise and measure a credit loss allowance based on an expected credit loss model.

Issue 52: Boards revisit disclosure, transition and effective date in the revenue project

In February 2013, the IASB and FASB reached tentative decisions about the transition method, effective date and disclosures for annual and interim financial statements at their redeliberations on the revenue project.

Issue 51: Boards address various application issues in the revenue proposal

In January 2013, the IASB and FASB considered application of their joint revenue recognition proposal. Tentative decisions were made regarding scope, repurchase agreements, and transfers of certain non-financial assets that are not an output of an entity's ordinary activities.

Issue 50: Important changes to hedge accounting – but also a further delay (January 2013)

The IASB made some important changes to the hedge accounting standard at its January meeting to address constituents' concerns. It also plans further limited outreach to understand constituents concerns about the application of macro cash flow hedging strategies under IFRS 9.

Issue 49: Boards progress further on revenue re-deliberations (December 2012)

In December 2012, the IASB and FASB continued their joint re-deliberations of the revenue recognition exposure draft. Tentative decisions were made in relation to allocating the transaction price, constraining revenue recognised for sales-based royalties and capitalising contract acquisition costs.

Issue 48: Exposure drafts issued on narrow amendments to IFRS 10, IFRS 11 and IAS 28 (December 2012)

The IASB proposes narrow amendments to IFRS 10, IFRS 11 and IAS 28 to clarify the accounting for the acquisition of an interest in a joint operation that is a business (as defined in IFRS 3); and how to account for the sale/contribution of assets by an investor to its associate or joint venture (IAS 28 (2011) and IFRS 10).

IFRS Developments for Media & Entertainment and Technology: The Boards explore a new direction on licence arrangements (November 2012)

During their most recent joint meeting on revenue recognition in November, the IASB and the FASB tentatively decided to explore a new approach for the accounting of licences in response to concerns raised during the consultation process from constituents across multiple sectors such as Media & Entertainment and Technology. Read more about the proposal.

Issue 47: The IASB proposes limited amendments to IFRS 9 classification and measurement model (November 2012)

On 28 November 2012 ,the IASB published its exposure draft (ED) Classification and Measurement Limited Amendments to IFRS 9 (2010). This publication summarises the main amendments proposed in the ED.

Issue 46: The Boards progress on revenue recognition re-deliberations

In November 2012, the IASB and FASB continued their joint re-deliberations of the revenue recognition exposure draft. Collectibility, constraint of revenue and licences were discussed and tentative decisions were made on the first two items. Licence arrangements were referred back to the project staff for further outreach.

Issue 45: Proposed annual improvements to IFRS – 2011 – 2013 cycle

In November 2012, the IASB issued the proposed Annual improvements to IFRS 2011 – 2013 cycle exposure draft which contains four proposed changes to four standards. The proposed amendments would affect IFRS 1 First-time Adoption of International financial reporting Standards, IFRS 3 Business Combinations, IFRS 13 Fair Value Measurement and IAS 40 Investment Property, and are intended to clarify the standards where diversity exists.

Issue 44: Investment entities final amendment - exception to consolidation (November 2012)

The IASB has issued an amendment to IFRS 10 Consolidated Financial Statements to provide an exception to the consolidation requirement for entities that meet the definition of an investment entity. The exception to consolidation requires investment entities to account for subsidiaries at fair value through profit or loss in accordance with IFRS 9 Financial Instruments.

Issue 43: IFRS Foundation publishes analysis of SEC staff's final report on IFRS (October 2012)

The IFRS Foundation has published its staff analysis of the SEC's final Staff Report on IFRS, addressing a number of issues, including: IFRSs as global accounting standards; the IASB as a global standard setter; and the challenges for US transition. This publication summarises the findings and views of the IFRS Foundation staff.

Issue 42: Put options written on non-controlling interests − our views (October 2012)

The IFRS Interpretations Committee recently issued a draft interpretation giving guidance on how a parent entity should account for a put option written on the shares of a subsidiary that is held by non-controlling interest shareholders. We outline our views about the proposals, as set out in our comment letter to the Committee.

Issue 40: General hedge accounting

The IASB issued a Review Draft of the standard on general hedge accounting. We summarise the main changes.

Issue 36: SEC staff issues its Final Report on IFRS

The SEC staff has issued its Final Report on its Work Plan for the Consideration of Incorporating IFRS into the Financial Reporting System for U.S. Issuers. The Commission still needs to decide on the threshold question — whether and, if so, how and when IFRS should be incorporated into the US financial reporting system.

Issue 35: Transition guidance amendments for IFRS 10, IFRS 11 and IFRS 12 (June 2012)

The IASB issued amendments to IFRS 10, IFRS 11 and IFRS 12, that change the transition guidance to provide further relief from full retrospective application.

Issue 30: Macro hedge accounting decoupled from IFRS 9 project (May 2012)

At its May 2012 meeting, the IASB decided to work towards a DP on macro hedge accounting as a next due process step before issuing an ED. The Board also decided to decouple the macro hedge accounting project from the IFRS 9 Financial Instruments project and to continue permitting current macro hedge accounting guidance until the project is finalised.

Issue 29: Annual improvements to IFRS — the 2009 — 2011 cycle (May 2012)

In May 2012, the IASB issued the Annual Improvements to IFRSs 2010 - 2012 Cycle exposure draft (ED). The ED contains necessary, but non-urgent, proposed changes to 11 IFRS standards (excluding consequential amendments). Here we provide an overview of the proposed changes.

Issue 28: Proposed annual improvements to IFRS — the 2010-2012 cycle (May 2012)

In May 2012, the IASB issued the Annual Improvements to IFRSs 2010 - 2012 Cycle exposure draft (ED). The ED contains necessary, but non-urgent, proposed changes to 11 IFRS standards (excluding consequential amendments). Here we provide an overview of the proposed changes.

Issue 24: IFRS Foundation announces changes to its governance (February 2012)

The IFRS Foundation published two reports on 9 February 2012 that include key decisions on the organisation's governance and strategy. This publication discusses the principal highlights of the reports, including a number of proposals made on the composition and structure of the IASB, Trustees and Monitoring Board of the IFRS Foundation. Of note are the recommendations to limit the membership of the Monitoring Board to only those jurisdictions that commit to domestic use of IFRS in the jurisdiction's capital market and participate in the funding of the IFRS Foundation. The reports also include the decision not to open membership of the Monitoring Board to stakeholders outside of capital market authorities.

Issue 22: Offsetting of financial instruments (December 2011)

The December 2011 amendments to IAS 32 and IFRS 7 on offsetting of financial instruments are intended to clarify existing application issues relating to the offsetting rules, reduce the level of diversity in current practice and to overcome the differences in the offsetting requirements under IFRS and US GAAP. The clarifying amendments to IAS 32 are effective for the annual periods beginning on or after 1 January 2014. The new disclosures in IFRS 7 are required for annual periods beginning on or after 1 January 2013 and interim periods within those annual periods. Both require retrospective application for comparative periods.

Issue 20: Support grows for keeping US GAAP but basing future standards on IFRS (December 2011)

Representatives of the SEC, the IASB and the FASB discussed the incorporation of IFRS into the US financial reporting system at the AICPA National Conference on Current SEC and PCAOB Developments (the Conference) in Washington, DC.

Issue 19: SEC staff issues two papers on IFRS (November 2011)

As part of its work plan to consider whether (and if so, when and how) IFRS should be incorporated into the US financial reporting system, the SEC staff has released two papers: An Analysis of IFRS in Practice and A Comparison of US GAAP and IFRS.

Issue 18: IASB and FASB issue revised revenue recognition proposals (November 2011)

The IASB and the FASB have issued revised proposals to improve the accounting for revenue under both IFRS and US GAAP. Their decision to re-expose the proposals will delay the project, but gives constituents an opportunity to re-evaluate the revised model. The Boards' objective is to create a single revenue model that can be applied to most revenue transactions under both accounting frameworks. For some entities, the revised proposals may alleviate the burden of implementation as aspects of the proposed model are now more aligned with current practice. For other entities, when and how much revenue is reported may still be significantly impacted.

Issue 7: Changes to the presentation of other comprehensive income — amendments to IAS 1 (June 2011)

On 16 June 2011, the IASB and the US FASB issued amendments that are intended to improve and align the presentation of items of other comprehensive income (OCI) in financial statements prepared in accordance with IFRS and US GAAP. The amendments to IAS 1 Presentation of Financial Statements require companies preparing financial statements in accordance with IFRS to group together items within OCI that may be reclassified to the profit or loss section of the income statement. The amendments also reaffirm existing requirements that items in OCI and profit or loss should be presented as either a single statement or two consecutive statements. The amendments are effective for annual periods beginning on or after 1 July 2012.

Issue 1: IASB issues three new standards (May 2011)

This issue summarises the key points of IFRS 10 Consolidated Financial Statements, IFRS 11 Joint Arrangements, IFRS 12 Disclosures of Interests in Other Entities, including our perspectives on the new standards.

Supplement to IFRS Outlook (predecessor to IFRS Developments)

A complete archive of Supplement to IFRS Outlook is available in GAAIT/International GAAP®. Some issues of Supplement to IFRS Outlook have been removed from ey.com, because they have been superceded by more recent IASB activity. Those remaining below are still relevant.

Supplement to IFRS Outlook – Issue 93: Amendments to IAS 12 Income Taxes (December 2010)

The IASB issued Deferred Tax: Recovery of Underlying Assets (amendments to IAS 12) concerning the determination of deferred tax on investment property measured at fair value. The amendments introduce a rebuttable presumption that deferred tax in relation to such property should be measured on the basis that the carrying amount will be recovered through sale as well, they also incorporate SIC-21 Income Taxes - Recovery of Revalued Non-Depreciable Assets into IAS 12. The amendments are mandatory for annual periods beginning on or after 1 January 2012.

Supplement to IFRS Outlook – Issue 86: Conceptual framework: objectives and qualitative characteristics (October 2010)

The IASB and the FASB announced the completion of the first phase of their joint project to develop an improved conceptual framework for IFRS and US GAAP. The project's objective is to create a sound foundation for future accounting standards that are principles-based, internally consistent and internationally converged. The first phase includes Chapter 1 The objective of general purpose financial statements and Chapter 3 Qualitative characteristics of useful financial information.

Supplement to IFRS Outlook – Issue 64: Prepayments of a minimum funding requirement – amendments to IFRIC 14 (November 2009)

This issue summarises the IASB's amendment to correct an unintended consequence of IFRIC 14 IAS 19 The Limit on a Defined Benefit Asset, Minimum Funding Requirements and Their Interaction. The requirements of IFRIC 14 meant that some entities that were subject to minimum funding requirements could not treat any surplus in a defined benefit pension plan as an economic benefit. This amendment will allow these entities to recognise a prepayment of pension contributions as an asset rather than an expense. The revised IFRIC 14 is effective for annual periods beginning on or after 1 January 2011.

Industry materials

Mining & Metals: Delivering capital projects - Addressing the key accounting challenges

Managing the complexity of major capital projects in today's mining and metals landscape has never been more challenging or critical. In addition to the enormous technical, commercial and funding challenges associated with such projects, there are also a number of key accounting challenges. The lack of specific guidance in IFRS means significant management judgement is required to determine the appropriate accounting.

Insurers: Boards debate premium allocation approach (February 2012)

The IASB and the FASB held Education Sessions in January 2012 to re-deliberate the tentative decisions in the IASB's Exposure Draft Insurance Contracts and in the FASB's Discussion Paper Preliminary Views on Insurance Contracts (the DP). The only topic discussed was the premium allocation method.

Insurers: IFRS 10 Consolidated Financial Statements - an insurer's perspective (December 2011)

The changes introduced by IFRS 10 Consolidated Financial Statement will require management to exercise significant judgement to determine which entities are controlled, and therefore are required to be consolidated by a parent, compared with the requirements that were in IAS 27. This publication explores some of the key issues of IFRS 10 for insurers.

Real Estate: Revised Revenue Recognition Proposals - implications for the real estate and construction industries (December 2011)

This publication considers the potential impact of the IASB's and FASB's November 2011 exposure draft on revenue recognition and the key implications for entities in the real estate and construction industries, including real estate investment trusts, funds and homebuilders.

Mining and Metals: Accounting for Waste Removal Costs - A Summary of IFRIC Interpretation 20

This publication summarises the key requirements of IFRIC Interpretation 20 – Stripping Costs in the Production Phase of a Surface Mine, and explores some of the challenges a mining entity may face when determining how to apply its requirements.

Longer and more detailed than IFRS Developments, Applying IFRS provides analyses of proposals, standards or interpretations and discussion of how to apply them.

Topic Title Sector Date
Hedging Applying IFRS: Hedge accounting under IFRS 9 All 201402February 2014
Consolidation and joint arrangements Applying IFRS: IFRS 12 - Structured entities - considerations for fund managers. All 201402February 2014
Consolidation and joint arrangements Applying IFRS - Challenges in adopting and applying IFRS 10 All 201310December 2013
Leases Applying IFRS in Real Estate: Implications of the revised Leases Exposure Draft for the real estate sector All 201310October 2013
Leases Applying IFRS: How the lease accounting proposal might affect your company All 201308August 2013
Consolidation and joint arrangements Applying IFRS in Life Sciences: Accounting for collaborations in the life sciences sector All 201306June 2013
Leases Applying IFRS: A closer look at the revised lease accounting proposal All 201305May 2013
Consolidation IFRS 10 - Consolidation for fund managers Financial Services 201302February 2013
Consolidation and joint arrangements Challenges in adopting and applying IFRS 11 Joint Arrangements All 201110September 2011
Consolidation and joint arrangements Applying IFRS - IFRS 12 Example disclosures for interests in unconsolidated structured entities All 201304April 2013
Consolidation and joint arrangements Challenges in adopting and applying IFRS 10 Consolidated Financial Statements All 201109September 2011
Consolidation and joint arrangements Challenges for banks and their structured entities in adopting and applying IFRS 10 Consolidated Financial Statements Banking & Capital Markets 201201January 2012
Consolidation and joint arrangements Accounting for joint arrangements in the power and utilities sector Power & Utilities 201111November 2011
Consolidation and joint arrangements Impact of the new joint arrangements and consolidation standards - oil & gas Oil & Gas 201108August 2011
Consolidation and joint arrangements Impact of the new joint arrangements and consolidation standards - mining & metals Mining & Metals 201108August 2011
Employee benefits IAS 19 Employee Benefits – revised June 2011 All 201111November 2011
Fair value measurement Fair value implications for the real estate sector and example disclosures for real estate entities Real Estate, Hospitality & Construction 201302February 2013
Fair value measurement Applying IFRS: Fair Value Measurement All 201211November 2012
Financial instruments Offsetting financial instruments: clarifying the amendments All 201203May 2012
Financial instruments Limited improvements to IFRS classification and measurement – the impact for insurers and next steps Insurance 201203March 2012
Financial instruments Financial Instruments: New mandatory effective date and transition disclosures All 201201January 2012
Revenue recognition Joint revenue recognition project – Boards to begin re-deliberations All 201203May 2012
Revenue recognition Revised revenue recognition proposal – oil & gas Oil & Gas 201203March 2012
Revenue recognition Revised revenue recognition proposal – oilfield services Oil & Gas 201203March 2012
Revenue recognition Revised revenue recognition proposal – mining & metals Mining & Metals 201203March 2012
Revenue recognition Revised revenue recognition proposal – power and utilities Power & Utilities 201203March 2012
Revenue recognition Revised revenue recognition proposal – life sciences Life Sciences 201203March 2012
Revenue recognition Revised revenue recognition proposal – retail and consumer products Retail and Consumer Products 201203March 2012
Revenue recognition Revised revenue recognition proposal - telecommunications Telecommunications 201202February 2012
Revenue recognition Revenue recognition: media & entertainment Media & Entertainment 201207July 2012
Revenue recognition Applying IFRS in the wind industry: Cleantech Matters Power & Utilities 201207July 2012

The table below contains other EY IFRS publications that offer practical guidance in addition to our publication series: IFRS Outlook, IFRS Developments, Applying IFRS and IFRS Core Tools. These publications:

  • Have been issued within the last 12 months, or
  • Address the Current IFRS projects, or
  • Address standards that have been already issued and are still in the implementation phase

A complete archive of all our IFRS publications is available in GAAIT/International GAAP®.

Topic Title Sector Date
Overviews IASB Projects: A pocketbook guide as at 31 March 2014 All 201403March 2014
Insurance contracts IASB makes use of OCI optional and confirms unlocking of Contractual Service Margin Insurance 201403March 2014
Insurance contracts IASB sets 2018 effective date for IFRS 9; FASB scales back scope of its insurance project Insurance 201403March 2014
Interim Financial Reposting Good Group (International) Ltd Interim Illustrative financial statements (June 2014) All 201403March 2014
Insurance contracts IASB sets 2018 effective date for IFRS 9; FASB scales back scope of its insurance project Insurance 201402February 2014
Financial instruments Insurance Accounting Alert, February 2014: Boards discuss comment letter responses Insurance 201402February 2014
Overviews IASB Projects: A pocketbook guide as at 31 December 2013 All 201312December 2013
Overviews Good Investment Fund Limited (Equity) 2013 - Illustrative financial statements. Asset management 201312December 2013
Financial instruments IFRS changes impacting the banking industry. An update for the CFO (May 2013) Banking & Capital Markets 201305May 2013
Overviews EY's latest pocketbook guide summarises key features of the IASB's active projects and potential business implications All 201309September 2013
Overviews Good Group (International) Limited - illustrative financial statements All 201309September 2013
Overviews IFRS Update of standards and interpretations in issue at 31 August 2013 All 201309September 2013
Overviews IASB Projects: A pocketbook guide as at 30 June 2013 All 201307July 2013
Insurance contracts Insurance Accounting Alert: IASB issues revised exposure draft on insurance contracts All 201306June 2013
Leases IFRS Practical Matters: Leases re-exposed: Another attempt at improving lease accounting All 201306June 2013
Overviews IASB Projects: A pocketbook guide as at 31 March 2013 All 201304April 2013
Overviews Surveying IFRS in Real Estate: Current issues, sustainability reporting and financial statements survey of real estate entities 2011/2012 Real Estate, Hospitality & Construction 201302February 2013
Consolidation and joint arrangements Refining IFRS: Spin-off transactions Mining & Metals 201302February 2013
Consolidation and joint arrangements Refining IFRS: Managing the risk: Joint venturing Mining & Metals 201108August 2011
Consolidation and joint arrangements IFRS 10, 11 and 12 on consolidation and joint arrangements: A changing balance sheet - Implications for the real estate and construction industries Real Estate, Hospitality & Construction 201105May 2011
Consolidation and joint arrangements IFRS Insights for Asset Managers: Consolidated Financial Statements Asset Management 201105May 2011
Consolidation and joint arrangements IFRS Practical Matters What do the new consolidation, joint arrangements and disclosures accounting standards mean to you? All 201106June 2011
Financial instruments IFRS Practical Matters: Impairment - assessing the impact of the new proposal All 201203March 2012
Financial instruments Implementing phase 1 of IFRS 9: Financial instruments 2nd edition All 201107July 2011
Financial instruments Measure by Measure - Synchronising IFRS 9 and IFRS 4 Phase II for Insurers Insurance 201107July 2011
Financial instruments Hedge accounting under IFRS 9 – a closer look at the changes and challenges All 201102February 2011
Financial reporting survey IFRS for real estate: current issues and financial statements survey 2011 Real Estate, Hospitality & Construction 201201January 2012
Financial reporting survey The IASB's new impairment model – views of European financial institutions Banking & Capital Markets 201109September 2011
Impairment Impairment of long-lived assets, goodwill and intangible assets: US GAAP and IFRS for Media & Entertainment Media & Entertainment 201203March 2012
Income tax Refining IFRS: Resource nationalism Mining & Metals 201111November 2011
Insurance contracts Insurance Accounting Alert: Boards decide on allocation of cash flows; discussions continue on earned premium presentation for contracts Insurance 201203July 2012
Insurance contracts Board review OCI, unbundling investment components and recognition of acquisition costs Insurance 201203June 2012
Insurance contracts Boards discuss reinsurance accounting, insurance contracts and decisions on policy loans and riders Insurance 201205May 2012
Insurance contracts Insurance Accounting Alert – Boards make decisions on the premium allocation approach Insurance 201203March 2012
Insurance contracts Facing the challenge - Business implications of IFRS 4,9, and Solvency II for insurers Insurance 201201January 2012
Insurance contracts Insurance Accounting Alert: Boards discuss onerous contract testing and measurement of options and guarantees Insurance 201112December 2011
Insurance contracts Insurance Accounting Alert: IASB decides to consider limited improvements to IFRS 9; Boards discuss unbundling Insurance 201111November 2011
Insurance contracts Insurance Accounting Alert October 2011: Boards discuss fixed-fee service contracts Insurance 201110October 2011
Insurance contracts Discount rates: one size does not fit all Insurance 201110October 2011
Overviews Surveying IFRS -- Lessons Learned from year-end reporting: current and future challenges All 201207July 2012
Overviews Preparing for IFRS accounting changes Crucial developments for banks Banking & Capital Markets 201107July 2011

연락처

이갑수 전무
IFRS Desk Leader
Tel: +82 2 3787 6513

Connect with us