The full impact of IFRS 9 Financial Instruments will be felt in 2018 as major financial institutions get to grips with the latest IFRS standard, but it is important not to forget other major changes in the pipeline with IFRS 15 on revenue recognition, IFRS 16 on leasing and further out IFRS 17 Insurance Contracts. Jeroen Van Doorsselaere considers the key IFRS issues to watch out for in 2018

Anne Cowley ACA explains the key transition steps when moving to FRS 101 Reduced Disclosure Framework, whether transitioning from FRS 102, FRS 105 Micro-entities Regime or International Financial Reporting Standards (IFRS)

The European Securities and Markets Authority (ESMA) has published the final draft regulatory technical standards setting out the new European single electronic format to be used by all issuers to prepare their annual financial reports, in a bid to make financial data easier to produce and compare

The majority of insurers are struggling to assess the impact of IFRS 17 Insurance Contracts, released in May this year, and to make it operational alongside IFRS 9 Financial Instruments, according to analysis from KPMG International, while calls for the standard to be delayed are growing

With four new IFRS standards set to come into force in as many years, Jeroen Van Doorsselaere, vice president of risk and finance, EMEA, at Wolters Kluwer Financial Services, considers the key implementation issues to consider and the latest projects slated on the IASB workplan for the next 12 months

The IFRS Foundation has published a guide for companies using the IFRS taxonomy, explaining how to tag information in financial statements prepared in accordance with IFRS standards

As the year draws to an end, it is essential when preparing the next set of financial statements to consider the impact of new IFRS standards on revenue recognition, financial instruments and leases. Andrew Marshall FCA, senior technical partner at KPMG stresses that informed disclosure reporting is vital

The global standard setter, the International Accounting Standards Board (IASB), has issued minor amendments to four IFRS standards including IFRS 3 Business Combinations and IAS 12 Income Taxes

In the last weeks of the year, any companies reporting under IFRS but not operating in the financial services sector per se, need to consider the implications of IFRS 9 Financial Instruments. Steve Hubbard, director, DPP accounting & reporting at KPMG LLP examines some of the critical issues to consider

With the final countdown to IFRS 9 Financial Instruments now under way, Sarah Perrin ACA talks to leading IFRS experts about the key changes to impairment and measurement of loans and derivatives facing corporates under the new IFRS accounting rules

A consultation has been launched by HMRC on corporate interest restrictions in order to take account of the accounting changes brought about by IFRS 16 Leases

Due to changes to international accounting standards on lease accounting under the forthcoming IFRS 16 Leases, HMRC has issued a consultation on proposed changes to the tax code to ensure the tax treatment of leases reflects lease accounting rules post 2019