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IFRS News - Q2 2016

Armen Hovhannisyan Armen Hovhannisyan

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.

In this edition we look at changes that have been made to IFRS 15 'Revenue from Contracts with Customers' before turning to other recent amendments published by the IASB.

We then remind you of a couple of major pronouncements that some companies will be applying for the first time, before going on to discuss two major Grant Thornton publications that have been issued in the last quarter.

Further on in the newsletter, you will find IFRS-related news at Grant Thornton and a general round-up of financial reporting developments. We finish with a summary of the implementation dates of newer Standards that are not yet mandatory, and a list of IASB publications that are out for comment.

If you would like to discuss any of the topics raised in the newsletter please contact me or your local Grant Thornton member firm.