This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our PRIVACY POLICY for more information on the cookies we use and how to delete or block them.
  • IFRB-2021-01-31-Dec. 2020 Year End.

IFRB-2021-01-31-Dec. 2020 Year End.

Abdallah K. Farhat , Partner - Assurance Leader |

12 January 2021

IFRS-Update

2020 has been a busy year in standard-setting, with numerous standard
setting projects ongoing with the International Accounting Standards
Board (‘IASB’). Despite the fact that no major new standards were
effective in 2020, unlike IFRSs 9, 15 and 16 in 2018/2019, the effects of
COVID-19 on financial reporting has and will require preparers to revisit
how their accounting policies are applied in numerous areas and required
urgent standard-setting by the IASB to amend IFRS 16.This IFR Bulletin

summarises the activities in standard-setting as they
relate to entities that apply IFRS.

 

IFRB-2021-01-31-December-2020-year-end-IFRS-Update_2

Download