News

New IFRS In Practice - IFRSs, Amendments to IFRSs, IFRICs and Agenda Decisions that are Mandatory for 31 December 2018 year-ends and those that are effective in future periods

BDO has published a new IFRS In Practice publication, which discusses the recent changes to IFRSs that are effective for years ending 31 December 2018, as well as upcoming changes that are approved, but not yet effective.The publication can be viewed here.

IASB clarifies its definition of 'material'

The International Accounting Standards Board has today issued amendments to its definition of material to make it easier for companies to make materiality judgements.The definition of material, an important accounting concept in IFRS Standards, helps companies decide whether information should be...

UNITED KINGDOM - Non-domicile taxation