This year has brought significant updates to the International Financial Reporting Standards, addressing various global economic challenges. From amendments in response to hyperinflation in specific countries to changes enhancing the transparency of supplier finance arrangements, these updates are crucial for maintaining compliance and accuracy in financial reporting.
Contents

In this update we cover the following topics: 

  • December 2023 Hyperinflation update - Issue 2023-05
  • IASB issues amendments to the IFRS for SMEs to help entities respond to the Pillar Two tax rules - Issue 2023-04
  • Lack of exchangeability - Issue 2023-03
  • IASB issues amendments to enhance the transparency of supplier finance arrangements - Issue 2023-02
  • IASB amends IAS 12 to help entities respond to the 'Pillar Two' tax rules - Issue 2023-01

We share further insights in the PDF, which can be downloaded below.

IFRS Alerts 2023

IFRS Alerts 2023

This year has brought significant updates to the International Financial Reporting Standards, addressing various global economic challenges.
Download PDF [481 kb]