Guidance for preparers of financial statements on the coronavirus outbreak, including advice on disclosure of risks and treatment of events after the reporting period.
Factors to consider to help determine whether events are adjusting or non-adjusting in the accounts.
A short guide on the impact for entities with 2019 and early 2020 year-ends preparing accounts in accordance with IFRS or the IFRS for SMEs.
Aimed at both UK GAAP and IFRS reporters, a short webcast on the factors to consider when determining whether COVID-19 is an adjusting or non-adjusting event.
The technical update includes regulatory news and publications from international standard setting bodies, such as the International Auditing and Assurance Standards Board, the International Ethics Standards Board for Accountants and the International Accounting Standards Board, and other international organisations.
IFRS 9 sets out the requirements for recognising and measuring financial assets, financial liabilities, and some contracts to buy or sell non-financial items.
A selection of articles on IFRS, taken mainly from By All Accounts, the Financial Reporting Faculty's highly acclaimed bi-annual journal.
Join ICAEW's Financial Reporting Community to find announcements, blogs and discussions on the latest issues in financial reporting.
IFRS Accounting standards
A synopsis of each IFRS, identifying recent amendments and which version of the standard applies to a particular period, with direct links to eIFRS.
The International Financial Reporting Standard for Small and Medium-sized Entities
Mandatory dates identify which new IFRSs, IFRICs and amendments come into force for different time periods, linked to the ICAEW Financial Reporting Faculty’s standards tracker.
Find out which countries require or permit companies to apply IFRS and which standards have been endorsed by the EU.
A list of regularly updated free sources for IFRS model accounts and disclosure checklists.
Lessons learned from the EU's experience of using IFRS to provide insights and recommendations for jurisdictions considering using or extending the application of IFRS.
This factsheet highlights new and modified requirements for preparers of IFRS accounts for accounting periods beginning on or after 1 January 2021, as well as the implications of COVID-19, Brexit and climate change.
This factsheet provides an overview of IFRS 16 together with practical tips and examples. It has been updated for recent amendments.
This factsheet highlights new and modified requirements for preparers of IFRS accounts. The factsheet deals primarily with new IFRS requirements with mandatory application for annual periods beginning on or after 1 January 2020.
This factsheet provides an overview of new and modified requirements for preparers of IFRS accounts beginning during calendar year 2019 and practical tips on how to implement the changes. Updated October 2020.
This factsheet provides a summary of the basic principles of accounting for impairments and practical tips on application.
This factsheet outlines the hedge accounting requirements of IFRS 9 Financial Instruments, comparing them with those of IAS 39. It also contains practical tips to help with implementation.
This factsheet highlights new and modified requirements for preparers of IFRS accounts with helpful tips on how to apply the changes in practice.
This factsheet is designed to help those adopting, or considering adopting, International Financial Reporting Standards (IFRSs) for the first time. It considers the implications of moving to IFRSs and provides practical tips on how to manage the process.
IFRS events and webinar recordings
Join this webinar to find out more about how to account for the most common types of contract modifications under IFRS.
Entities, despite not being insurers, may have contracts that fall in scope of IFRS 17 Insurance Contracts. Find out more with this webinar.
Discover the IFRS 16 implementation lessons learned and hear about the COVID-19-related rent concessions amendment.
Covering recent IFRS implementation experience, a summary of changes applicable in 2020 and developments on the horizon.
Improving corporate reporting
Find out about the ICAEW Financial Reporting Faculty’s thought leadership programme, ‘Information for Better Markets’, and access the latest reports and webcasts.
This report explores the role of accounting in promoting economic growth. It considers how this role has evolved and what lessons there are for the future.