This post explores one component of fulfillment cash flows when accounting for insurance contracts: net future cash flows under IFRS 17.
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Uncertainty with income tax treatments is not a new topic. But the guidance under IFRS has not been certain, until now, thanks to IFRIC 23!
Learn why accounting for investment companies is different under IFRS and U.S. GAAP (ASC 946) and what it means for you in practice!
Can cost be used as an appropriate estimate of fair value for equity investments under IFRS 9? Let’s see what the guidance permits.
The Premium Allocation Approach (PAA) is a lot like existing accounting for short-duration contracts, but does it avoid all of IFRS 17’s challenges?
IFRS doesn’t have specific guidance on transactions with shareholders. This post explores the accounting for intercompany loans under IFRS 9.
This post discusses the accounting for common area maintenance charges (CAM) and property taxes under the new lease accounting standards.
Are you properly disclosing related party transactions in accordance with U.S. GAAP (ASC 850) and IFRS (IAS 24)? Find out in this post.
This post covers the identification of hyperinflationary economies under IFRS (IAS 29) with comparisons to U.S. GAAP (ASC 830).
This blog shares our insights and conversations about accounting, auditing, and training matters. It is hosted by GAAP Dynamics
