Intangible Assets

IFRS – IAS 38: Intangible Assets The International Accounting Standards Committee (IASC) released International Accounting Standard 38 (IAS 38) to address the topic of Intangible Assets.  Intangibles are difficult to measure as they are often not able to be...

Financial Instruments

IFRS – IAS 39: Financial instruments: recognition and measurement The International Accounting Standards Committee (IASC) released International Accounting Standard 39 (IAS 39) to address the topic of Recognition and Measurement of Financial Instruments. IAS 39...

Investment Property

IFRS – IAS 40: Investment property The International Accounting Standards Committee (IASC) released International Accounting Standard 40 (IAS 40) to address the topic of Investment Property.  Often times a business will identify and purchase property such as...

Agriculture

IFRS – IAS 41: Agriculture The International Accounting Standards Committee (IASC) released International Accounting Standard 41 (IAS 41) to address the topic of accounting for Agriculture activity.  As there exist a transformation process during the development...

Inventories

IFRS – IAS 2: Inventories The International Accounting Standards Committee (IASC) released International Accounting Standard 2 (IAS 2) to address the topic of inventories. Accounting for inventories is something in which is important to investors in certain...