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IFRS Resource Centre
Stay ahead with the latest IFRS news and resources
Over 100 countries use IFRS, so any business looking to expand globally needs to understand the impact of on the financial reporting processes. IFRS has far-reaching implications, beyond your accounting practices, and affect:
- IT systems
- Internal controls
- Compensation programs
We are pleased to offer you access to insights and resources, including those from our global network, RSM International (RSMI).
IFRS News in Brief is a monthly publication from RSMI summarizing the latest IFRS activities, including announcements, actions and decisions of the IFRS Foundation, IASB and IFRS Interpretation Committee.
IFRS Recent Insights
In addition to addressing the operational impacts of COVID-19, entities should consider how it affects their financial reporting.
The effective date of IFRS 17 is deferred to Jan. 1, 2023 to allow for a smoother transition of the amended standard into legal systems.
RSM Canada’s Curtis Dorfman contextualizes recent changes to IFRS 3 for real estate companies and investors specific to financial reporting.
Management should be prepared that IFRS 17 is not only an operational and compliance issue - it may also impact insurance business strategy.
Insurance companies will receive a 90-day comment period when the IFRS 17 exposure draft is published in June this year.
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