IFRS 18 Issued April 2024 – Background, Highlight Of Requirements And Effective Date

lIFRS 18 Presentation and Disclosure in Financial Statements was issued by the International Accounting Standards Board (IASB) on 09 April 2024. The IASB has committed that it will undertake activities to support implementation and consistent application of the Standard. In this article we will examine the purpose, effective date, background information, it’s main highlights as […]

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IFRS Latest Developments And Updates – March 2024

Each month, the international Accounting Standards Board (IASB) which is the body saddled with the responsibility of issuing the international Financial Reporting Standards (IFRS) meets to discuss issues concerning the financial Standards.   In  this article article we will discuss latest issues on International Financial Reporting Standards (IFRS) particularly with respect to the agenda presented […]

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IFRS UPDATES – IASB AND ISSB FEBRUARY 2024 MEETING DECISIONS SUMMARY

The International Accounting Standards Board (IASB), the body saddled with the responsibility of issuing International financial reporting Standards (IFRS) meets Monthly to deliberate and take decisions on issues. This article dscusses the February 2024 meeting and main discussions/Decisions arrived at. IASB February 2024 Meeting – Date And Venue The IASB met in London on 19-22 […]

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IFRS Updates For January 2024

The International Accounting Standards Board (IASB) is the board saddled with the responsibility of setting and issuing international Finance Repointing Standards (IFRS). To carry out it’s work, the IASB usually meets monthly except in August. In this article, we will look into the details of issues discussed and tentatively decided on by the IASB during […]

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International Financial Reporting Standards (IFRS) To Be Issued In 2024

The International Accounting Standards Board (IASB) has concluded its decision-making on two projects—its final steps before drafting and balloting two new IFRS Accounting Standards that are expected to be issued in 2024. This article highlights the two new international Financial Reporting Standards (IFRS) expected to be issued in 2024 by the International Financial Reporting Standards […]

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IFRS Latest Developments- May 2024

The International Accounting Standards Board (IASB), the board saddled with the the responsibility of issuing the the International Financial Reporting Standards (IFRS), in their usual monthly practice met on May 20-22 to discuss issues concerning the Standards.   This article Highlights the main agenda points the IASB discussed during the May 2024 meeting as well […]

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