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In depth – New IFRSs for 2019

Price: £10.00
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Since March 2018, the IASB has issued the following:

• Conceptual framework
• Amendments to IFRS 3, ‘Business combinations’, Definition of a business
• Amendments to IAS 1, ‘Presentation of financial statements’, and IAS 8, ‘Accounting policies, changes in accounting estimates and errors’, 
Definition of material

This guide summarises the amendments plus those standards, amendments and IFRICs issued previously that are effective from 1 January 2019.

It is designed to be used by preparers, users and auditors of IFRS financial statements. It includes a quick reference table of each standard/amendment/ interpretation categorised by the effective date, whether early adoption is permitted and the EU endorsement status as of 1 March 2019. The publication gives an overview of the impact of the changes, which may be significant for some entities, helping companies understand if they will be affected and to begin their considerations. It will help entities plan more effectively by flagging up where new processes and systems or more guidance may be needed.

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