Latest document outlines changes
Grant Thornton has issued a new report outlining the latest changes to International Financial Reporting Standards, and how to understand them.
Navigating the changes to IFRS, a 50-page briefing document has been compiled by Grant Thornton International’s IFRS Team.
It's designed to help chief financial officers understand recent developments which will affect companies’ future financial reporting.
It also examines new Standards and Interpretations that have been issued and amendments made to existing ones.
The December 2016 bulletin focuses on changes to IFRS published between 1 December 2015 and 30 November 2016, covering financial year ends from 31 March 2016 to 31 March 2017.
The new edition in particular covers the new leasing Standard IFRS 16 for the first time.
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