IFRS News is your quarterly update on all things relating to International Financial Reporting Standards. We’ll bring you up to speed on topical issues, provide comment and points of view and give you a summary of any significant developments.
We begin this second edition of the year by considering how tax issues resulting from the UK’s decision to leave the European Union may affect entities’ financial reporting.
We then move on to look at a number of proposals that have been published by the IASB, including the latest instalment in the IASB’s ‘Disclosure Initiative’ project – a Discussion Paper which suggests principles to make disclosures in financial statements more effective.
If you would like to discuss any of the topics raised in the newsletter please contact me or your local Grant Thornton member firm.