by Accountant Town | Aug 16, 2019 | What Is It
IFRS 2: Share-based payment The International Accounting Standards Board (IASB) released International Financial Reporting Standard 2 (IFRS 2) to address the topic of share-based payments. Often companies will compensate employees with shares of stock in addition to...
by Accountant Town | Aug 16, 2019 | What Is It
IFRS 3: Business combinations The International Accounting Standards Board (IASB) released International Financial Reporting Standard 3 (IFRS 3) to address the topic of business combinations. As is normal in modern business, companies will acquire other businesses,...
by Accountant Town | Aug 16, 2019 | What Is It
IFRS 4: Insurance contracts The International Accounting Standards Board (IASB) released International Financial Reporting Standard 4 (IFRS 4) to address the topic of insurance contracts. How should an insurance contract be valued on the financial statements? What...
by Accountant Town | Aug 16, 2019 | What Is It
IFRS 5: Non-current assets held for sale and discontinued operations The International Accounting Standards Board (IASB) released International Financial Reporting Standard 5 (IFRS 5) to address the topic of non-current assets that are held for sale as well as...
by Accountant Town | Aug 16, 2019 | What Is It
IFRS 6: Exploration for and evaluation of mineral resources The International Accounting Standards Board (IASB) released International Financial Reporting Standard 6 (IFRS 6) to address the topic of the exploration for and evaluation of mineral resources. While this...