Share Based Payment

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...

Business Combinations

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,...

Insurance Contracts

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...