Contributions from Deloitte & Touche LLP

iGAAP in Focus

These are publications on Deloitte IAS Plus which provide at the time of release of new and revised Standards and Interpretations, Exposure Drafts and discussion documents, including summaries of the documents and consideration of the principal amendments/proposals. Prior to 2022, the newsletter was called IFRS in Focus.

December 2023

iGAAP in Focus — Sustainability reporting: California Climate Legislation

iGAAP in Focus — Closing out (December 2023)

iGAAP in Focus — Financial reporting: IASB publishes Exposure Draft 'Financial Instruments with Characteristics of Equity'

November 2023

iGAAP in Focus — EU Taxonomy — corporate reporting requirements

October 2023

iGAAP in Focus — Sustainability reporting: TNFD publishes final recommendations for nature-related risk management and disclosure

iGAAP in Focus — Sustainability reporting: California Climate Legislation

iGAAP in Focus — Financial Reporting: IASB publishes amendments to 'IFRS for SMEs' for OECD tax reform

September 2023

iGAAP in Focus — European sustainability reporting: European Sustainability Reporting Standards finalised

iGAAP in Focus — Financial reporting: IASB proposes amendments to IFRS Accounting Standards as part of its annual improvements process

August 2023

iGAAP in Focus — Financial reporting: IASB amends IAS 21 to clarify when a currency is exchangeable and how to determine the exchange rate when it is not

July 2023

iGAAP in Focus — Financial reporting: IASB seeks views on the post-implementation review of IFRS 15

June 2023

iGAAP in Focus — Sustainability reporting: ISSB publishes first IFRS Sustainability Disclosure Standards

iGAAP in Focus — Financial reporting: IASB proposes amendments to the IFRS for SMEs for OECD tax reform

iGAAP in Focus — Financial reporting: IASB seeks views on the post-implementation review of the IFRS 9 impairment requirements

May 2023

iGAAP in Focus — Financial reporting: IASB amends IAS 7 and IFRS 7 to address supplier finance arrangements

iGAAP in Focus — Financial reporting — IASB amends IAS 12 to introduce a temporary exception from accounting for deferred taxes arising from OECD Pillar Two model rules

iGAAP in Focus — Sustainability reporting: ISSB proposes methodology for enhancing the international applicability of the SASB Standards

iGAAP in Focus — Sustainability reporting: TNFD publishes final draft of its Nature-related Risk and Opportunity Management and Disclosure Framework

April 2023

iGAAP in Focus — Financial reporting — Reporting in uncertain times: Impact of recent events in the banking sector

March 2023

iGAAP in Focus — Financial Reporting: IASB proposes amendments to the classification and measurement requirements of financial instruments

December 2022

iGAAP in Focus — Financial reporting: Closing out 2022

November 2022

iGAAP in Focus — Financial reporting: IASB issues amendments to IAS 1 regarding the classification of liabilities with covenants

September 2022

iGAAP in Focus — Financial reporting: IASB amends IFRS 16 Leases to add subsequent measurement requirements for lease liabilities arising from sale and leaseback transactions

iGAAP in Focus — Financial reporting: IASB proposes amendments to the IFRS for SMEs Accounting Standard

April 2022

iGAAP in Focus — Financial reporting — Reporting on periods ending on or after 30 June 2022 — Inflation in Turkey

March 2022

IFRS in Focus — Financial reporting considerations related to the Russia-Ukraine War

December 2021

IFRS in Focus — IASB amends the transition requirements of IFRS 17

IFRS in Focus — Closing out 2021

November 2021

IFRS in Focus — IASB proposes amendments to IAS 7 and IFRS 7 to address supplier finance arrangements

IFRS in Focus — IASB proposes amendments to IAS 1 regarding the classification of liabilities with covenants

October 2021

IFRS in Focus — IASB seeks views on the post-implementation review of the IFRS 9 classification and measurement requirements

July 2021

IFRS in Focus — IASB proposes a minor amendment regarding the initial application of IFRS 17 and IFRS 9

IFRS in Focus — IASB proposes reduced disclosures for subsidiaries without public accountability

June 2021

IFRS in Focus — IASB proposes a revised Practice Statement on Management Commentary

May 2021

IFRS in Focus — IASB amends IAS 12 for deferred tax related to assets and liabilities arising from a single transaction

IFRS in Focus — IFRS Foundation Trustees propose amendments to the IFRS Foundation Constitution to accommodate an International Sustainability Standards Board

April 2021

IFRS in Focus — IASB proposes amendments to IAS 21 to specify when a currency is exchangeable and how to determine the exchange rate when it is not

IFRS in Focus — IASB seeks views on what the Board’s priorities should be over the next five years

March 2021

IFRS in Focus — IASB publishes amendment to IFRS 16 to extend the practical relief on COVID-19-related rent concessions

IFRS in Focus — IASB proposes amendments to the disclosure requirements in IAS 19 and IFRS 13

February 2021

IFRS in Focus — IASB amends IAS 1 and IFRS Practice Statement 2 with regard to the disclosure of accounting policies

IFRS in Focus — IASB amends IAS 8 to clarify the definition of accounting estimates

IFRS in Focus — IASB proposes amendment to IFRS 16 to extend the practical relief on rent concessions

January 2021

IFRS in Focus — IASB proposes new Standard on Regulatory Assets and Regulatory Liabilities

IFRS in Focus — IFRS Foundation publishes educational material on the requirements of IFRS Standards relevant for going concern assessment

December 2020

IFRS in Focus — IASB seeks information on its post-implementation review of IFRS 10, IFRS 11 and IFRS 12

IFRS in Focus — Closing out 2020

IFRS in Focus — IASB publishes Discussion Paper on 'Business Combinations under Common Control'

November 2020

IFRS in Focus — IASB proposes to amend IFRS 16 Leases to clarify the measurement of lease liabilities in sale and leaseback transactions

October 2020

IFRS in Focus — Accounting considerations related to the Coronavirus 2019 Disease

September 2020

IFRS in Focus — Ground-breaking proposal from IFRS Foundation points to global standards for sustainability reporting

IFRS in Focus — IASB issues 'Interest Rate Benchmark Reform — Phase 2 (Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16)'

July 2020

IFRS in Focus — IASB defers effective date for 'Classification of Liabilities as Current or Non-current'

June 2020

IFRS in Focus — IASB issues amendments to IFRS 17 'Insurance Contracts'

IFRS in Focus — COVID-19 and financial reporting under IFRS Standards

May 2020

IFRS in Focus — IASB finalises amendment to IFRS 16 'Leases' regarding COVID-19-related rent concessions

IFRS in Focus — IASB publishes package of narrow-scope amendments to IFRS Standards

IFRS in Focus — IASB proposes to defer effective date for 'Classification of Liabilities as Current or Non-current'

April 2020

IFRS in Focus — IASB proposes to amend IFRS 16 'Leases' regarding COVID-19-related rent concessions

IFRS in Focus — IASB proposes Interest Rate Benchmark Reform — Phase 2: Proposed amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16

March 2020

IFRS in Focus — Expected credit loss accounting considerations related to Coronavirus Disease 2019

IFRS in Focus — IASB publishes Discussion Paper on Business Combinations — Disclosures, Goodwill and Impairment

February 2020

IFRS in Focus — IASB seeks views on the comprehensive review of its IFRS for SMEs Standard

January 2020

IFRS in Focus — IASB amends IAS 1 to clarify the classification of liabilities as current or non-current

IFRS in Focus — IASB proposes new Standard titled 'General Presentation and Disclosures'

December 2019

IFRS in Focus — Closing Out 2019

September 2019

IFRS in Focus — IASB issues Interest Rate Benchmark Reform amendments to IFRS 9, IAS 39, and IFRS 7

August 2019

IFRS in Focus — IASB proposes amendments with regard to the disclosure of accounting policies

July 2019

IFRS in Focus — IASB proposes amendments to IAS 12 'Income Taxes'

June 2019

IFRS in Focus — IASB proposes to amend IFRS 17 'Insurance Contracts' to assist implementation

IFRS in Focus — IASB proposes to update references to the Conceptual Framework in IFRS 3

May 2019

IFRS in Focus — IASB publishes proposals for amendments under its 'Annual Improvements' process

IFRS in Focus — IASB proposes Interest Rate Benchmark Reform amendments to IFRS 9 and IAS 39

April 2019

IFRS in Focus — Fourth Transition Resource Group meeting discussing the implementation of IFRS 17 'Insurance Contracts'

December 2018

IFRS in Focus — IASB proposes to clarify onerous contract requirements

IFRS in Focus — Closing out 2018

November 2018

IFRS in Focus — IASB amends the definition of material

October 2018

IFRS in Focus - Reporting on periods ending after 1 July 2018 — Inflation in Argentina

IFRS in Focus - IASB amends the definition of a business in IFRS 3

IFRS in Focus - Third Transition Resource Group meeting discussing the implementation of IFRS 17 'Insurance Contracts'

August 2018

IFRS in Focus - IASB publishes Discussion Paper on Financial Instruments with Characteristics of Equity

July 2018

IFRS in Focus - Reporting on periods ending 30 June 2018 - Inflation in Argentina

May 2018

IFRS in Focus - IASB issues a revised Conceptual Framework

IFRS in Focus - Disclosing the new adoption of accounting standards in Interim financial statements

IFRS in Focus - Second Transition Resource Group meeting discussing the implementation of IFRS 17 Insurance Contracts

March 2018

IFRS in Focus - IASB proposes more changes to IAS 8 'Accounting Policies, Changes in Accounting Estimates and Errors'

IFRS in Focus - Plan Amendment, Curtailment or Settlement, amendments to IAS 19

IFRS in Focus - IASB publishes 'Annual Improvements to IFRS Standards 2015-2017 Cycle'

February 2018

IFRS in Focus - Transition Resource group discusses implementation of IFRS 17 'Insurance Contracts'

January 2018

IFRS in Focus - Accounting for the effects of the U.S. tax reform legislation under IFRS

December 2017

IFRS in Focus - Closing out 2017

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A Closer Look

A closer look provides detailed analysis of particular aspects of key projects and other developments of the International Accounting Standards Board (IASB), focusing on topics of wide interest.

A Closer Look — IAS 36 Impairment of non-financial assets – reminders and hot topics – May 2023

A Closer Look — IFRS 17 for Non-insurers – April 2023

A Closer Look — Investor demand for corporate reporting in line with the Paris Agreement on climate change – March 2022

A Closer Look — Software-as-a-Service arrangements — Accounting changes are the result of an era of digital transformation – June 2021

A Closer Look — Special purpose acquisition companies – May 2021

A Closer Look — Financial instrument disclosures when applying Interest Rate Benchmark Reform – Phase 1 amendments to IFRS 9 and IAS 39 and Phase 2 amendments to IFRS 9, IAS 39, IFRS 4 and IFRS 16 – December 2020

A Closer Look — Investor demand for corporate reporting in line with the Paris Agreement on climate change – December 2020

A Closer Look — Financial instruments disclosures when applying the amendments to IFRS 9 and IAS 39 on Interest Rate Benchmark Reform – December 2019

A Closer Look — Revenue recognition - evaluating whether an entity is acting as a principal or as an agent – June 2019

A Closer Look — Measurement of expected credit losses for intercompany loan assets with no documented contractual term – May 2019

A Closer Look — Applying the expected credit loss model to trade receivables using a provision matrix – September 2018

A Closer Look — Impact of transition from IAS 39 to IFRS 9 on the exchange of modification of financial liabilities – December 2017

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IFRS on Point

These are publications on Deloitte IAS Plus which highlights the month's critical financial reporting developments.

IFRS on Point (January 2024)

IFRS on Point (December 2023)

IFRS on Point (November 2023)

IFRS on Point (October 2023)

IFRS on Point (September 2023)

IFRS on Point (August 2023)

IFRS on Point (July 2023)

IFRS on Point (June 2023)

IFRS on Point (May 2023)

IFRS on Point (April 2023)

IFRS on Point (March 2023)

IFRS on Point (February 2023)

IFRS on Point (January 2023)

IFRS on Point (December 2022)

IFRS on Point (November 2022)

IFRS on Point (October 2022)

IFRS on Point (September 2022)

IFRS on Point (August 2022)

IFRS on Point (July 2022)

IFRS on Point (June 2022)

IFRS on Point (May 2022)

IFRS on Point (April 2022)

IFRS on Point (March 2022)

IFRS on Point (February 2022)

IFRS on Point (January 2022)

IFRS on Point (December 2021)

IFRS on Point (November 2021)

IFRS on Point (October 2021)

IFRS on Point (September 2021)

IFRS on Point (August 2021)

IFRS on Point (July 2021)

IFRS on Point (June 2021)

IFRS on Point (May 2021)

IFRS on Point (April 2021)

IFRS on Point (March 2021)

IFRS on Point (February 2021)

IFRS on Point (January 2021)

IFRS on Point (December 2020)

IFRS on Point (November 2020)

IFRS on Point (October 2020)

IFRS on Point (September 2020)

IFRS on Point (August 2020)

IFRS on Point (July 2020)

IFRS on Point (June 2020)

IFRS on Point (May 2020)

IFRS on Point (April 2020)

IFRS on Point (March 2020)

IFRS on Point (February 2020)

IFRS on Point (January 2020)

IFRS on Point (December 2019)

IFRS on Point (November 2019)

IFRS on Point (October 2019)

IFRS on Point (September 2019)

IFRS on Point (August 2019)

IFRS on Point (July 2019)

IFRS on Point (June 2019)

IFRS on Point (May 2019)

IFRS on Point (April 2019)

IFRS on Point (March 2019)

IFRS on Point (February 2019)

IFRS on Point (January 2019)

IFRS on Point (December 2018)

IFRS on Point (November 2018)

IFRS on Point (October 2018)

IFRS on Point (September 2018)

IFRS on Point (August 2018)

IFRS on Point (July 2018)

IFRS on Point (June 2018)

IFRS on Point (May 2018)

IFRS on Point (April 2018)

IFRS on Point (March 2018)

IFRS on Point (February 2018)

IFRS on Point (January 2018)

IFRS on Point (December 2017)

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IFRS Project Insights Update

These are publications on Deloitte IAS Plus which provide updates on the current status of active IASB and high level summaries of decisions to date.

Insurance contracts (March 2017)

Leases (November 2015)

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IFRS Industry Insights

These are publications on Deloitte IAS Plus which provide latest insights into the implications of existing IFRSs and/or ongoing IASB projects on specific industries.