Diploma in IFRS New Batch Started From 15th Jul'23 Get Certified on ACCA Exam

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Avail early bird discount of Rs.2000. Join Diploma IFRS weekend Live Batch Starting From 15th Jul'23 Get Certified on ACCA Exam. 78 hours of interactive live online sessions access to the recorded sessions on mobile App. Practical Examples. Robust Study Material. Extensive Study Material. Expert Guidance.


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Recognition and Initial Measurement of Property, Plant and Equipment (PPE) as per IAS 16

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Introduction and background: There was a continuous demand from the investors for more relevant information and transparency in the presentation of companies’ financial statements. Investors also want greater comparability between financial statements and more consistency in financial measures presented. In response, in April 2024, the International Accounting Standards Board (IASB) issued IFRS 18 – Presentation and Disclosure in Financial Statements , a new standard that replaces IAS 1 after nearly two decades. The introduction of IFRS 18 marks one of the most significant reforms in how entities present their financial performance, aiming to make financial statements more comparable, transparent, and decision-useful for investors and other stakeholders. IFRS 18 has impact on companies across different industries. Although net profit will remain unchanged, entities will see changes to the structure of their statement of profit or loss. For some, the changes will be significant, d...
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IAS 36- Impairment of Assets- Part 3

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