IFRS

 
 

The Developers’ Disclosure Guide to Ind AS 115

15 Nov, 2018  Posted By Thenvi Subin   Posted in MCA
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Ministry of Corporate Affairs (MCA) brought Ind AS 115 as part of the Companies Amendments Rules 2018. Ind AS 115 replaces Ind AS 11and 18 which are related to revenue and construction contracts. MCA has introduced Ind AS 115 with … Continue reading

 

Proposed Update to the IFRS Taxonomy 2018 Released by the IFRS Foundation

25 Oct, 2018  Posted By Guru Raj Singh   Posted in SEC
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On September 20 2018, the IFRS Foundation published Proposed IFRS Taxonomy 2018 Update PTU/2018/1 relating to Common Practice (IFRS 13 Fair Value Measurement), which is now open to the public for consultation. According to the IFRS Foundation, the proposed amendment includes … Continue reading

 

IFRS Foundation releases educational modules for the IFRS – SMEs Standard

12 Sep, 2018  Posted By Guru Raj Singh   Posted in IFRS
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In August 2018, the IFRS Foundation released an additional seven educational modules in respect of the 2015 version of the IFRS for SMEs Standard. These modules aim to assist anyone who wants to prepare, use, or understand financial statements that … Continue reading

 

Financial Reporting Council (FRC) updates iXBRL taxonomies, effective on or after 1 January 2019

17 Aug, 2018  Posted By Shabeer   Posted in iXBRL
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The Financial Reporting Council (FRC) has made updates to iXBRL taxonomies that will take effect on or after 1 January 2019. Keeping with the recent amendments, FRC has also said that early adoption will be accepted only if both the … Continue reading

 

Ireland Revenue accepts new iXBRL taxonomies – Irish GAAP (FRS102), FRS101 and EU IFRS

27 Jun, 2017  Posted By Balaji M   Posted in FRS102, iXBRL, Revenue, XBRL
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Revenue Ireland introduced additional taxonomies (FRS 101, FRS 102 and EU IFRS with Irish extensions) on 16th December 2016, as a Public Working Drafts (PWD). Interested parties were invited to review the PWDs for the three additional taxonomies and provide … Continue reading

 

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