Financial Reporting Insights
Proposal addresses lack of currency exchangeability
A recent IASB proposal addresses financial reporting situations in which exchangeability between two currencies is lacking.
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Ideas & Insights
Financial Reporting Insights
IASB extends practical expedient for covid-19-related rent concessions
The IASB has extended the application period for the IFRS 16 practical expedient for covid-19-related rent concessions.
Financial Reporting Insights
U.S. GAAP and IFRS comparisons: Leases and interim reporting
We recently updated our U.S. GAAP vs. International Financial Reporting Standards comparisons on leases and interim reporting.
Financial Reporting Insights
IASB publishes final version of IFRS 9
IFRS 9, Financial Instruments, replaced International Accounting Standard 39, Financial Instruments: Recognition and Measurement.