novus IFRS 1st Edition 2022
In this edition of novus IFRS, we present the technical guidance published by the IDW on the impact of the war in Ukraine on accounting and auditing as well as business valuation.
novus IFRS 4th Edition 2021
In this last novus IFRS before the end of the year, we inform you about the changes to the reverse factoring procedure. In addition, we have compiled key disclosures to be reported in an EU-IFRS consolidated financial statement as of December 31, 2021 with regard to standards and interpretations that have already been adopted.
novus IFRS 3rd Edition 2021
Reverse factoring is an increasingly popular option for pre-financing a company's suppliers. In contrast to conventional factoring, the initiative comes from the customer and not from the supplier. In this novus IFRS, we inform you about how the IDW, with the draft amendment IAS 1-M1 (Reverse Factoring) to IDW RS HFA 50, has clarified the questions of whether the previous obligation from deliveries and services is to be derecognized or whether it is to be In addition, we will provide you with information on the latest developments in the field of financial reporting. In addition, we present the latest IASB publications "Subsidiaries not publicly accountable: Disclosures in the notes" and "First-time adoption of IFRS 17 and IFRS 9 - Comparative information".
novus IFRS 2nd Edition 2021
The IFRS Interpretations Committee (IFRS IC) has addressed the specifics of accounting for configuration and customization costs in software-as-a-service (SaaS) arrangements. In this edition of novus IFRS, we inform you about the results of the deliberations on this topic as well as about other important topics that the standard setters dealt with in the second quarter of 2021.
novus IFRS 1st Edition 2021
In this issue of novus IFRS, we have compiled for you important publications on IFRS accounting published by standard setters and institutions. In addition, we present the latest publications of the IASB.
novus IFRS 2nd Edition 2020
The corona pandemic continues to have a full grip on social life and also the economy - and the economic challenges are reflected in new accounting requirements. That is why we have compiled an overview of important publications on IFRS accounting in this edition of novus IFRS.
novus IFRS 1st Edition 2020
In this edition of novus IFRS, we look at significant effects on IFRS accounting and the challenges in preparing annual / consolidated and interim financial statements. The relevance of the topics described below varies widely - depending on the industry and the conditions of the respective company.