My Best CFO
Understanding Lack of Exchangeability - Amendments to IAS 21
In the world of accounting and finance, staying updated with international standards is crucial for ensuring accuracy and transparency in...
top of page
Search
My Best CFO
Unveiling the Dynamics of Non-Current Liabilities with Covenants: Amendments to IAS 1
In the realm of finance, adherence to accounting standards is crucial for companies to maintain transparency and consistency in their...
My Best CFO
Understanding Supplier Finance Arrangements: Amendments to IAS 7 and IFRS 7
In the realm of finance, staying abreast of regulatory changes is paramount for businesses looking to maintain transparency and...
My Best CFO
Navigating Lease Liability in Sale and Leaseback Transactions: The Amendments to IFRS 16
The world of finance is dynamic, with regulatory standards frequently evolving to enhance transparency and accuracy in financial...
My Best CFO
Unlocking Value and Flexibility with the Evolution of Sale and Leaseback: IFRS 16 Amendments (Effective January 01, 2024)
Are you a Chief Financial Officer (CFO) or a Chief Accountant with an appetite for finance and accounting breakthroughs? Prepare to be...
My Best CFO
Amendments to IAS 12
The International Accounting Standards Board (IASB) has recently issued amendments to the IAS 12, which relate to deferred tax related to...
My Best CFO
Changes to Disclosure of Accounting Policies
The International Accounting Standards Board (IASB) has issued amendments to the IAS 1 and IFRS Practice Statement 2, which relate to...
My Best CFO
Amendments to IAS 8: Definition of Accounting Estimates effective 01 January 2023
The International Accounting Standards Board (IASB) issued amendments to the IAS 8, which relate to the definition of accounting...
My Best CFO
Classification of Liabilities as Current or Non current (Amendments to IAS 1)
As of January 1, 2023, the International Accounting Standards Board (IASB) implemented amendments to International Accounting Standard...
My Best CFO
Applying IFRS 17
The effective date of IFRS 17 is coming close and My Best CFO Team decided to go over IFRS 17 to facilitate its application. The revised...
My Best CFO
New Sustainability Reporting Standards Released For Public Commenting
The newly formed International Sustainability Standards Board released two new proposals on the first IFRS Sustainability Disclosure...
My Best CFO
Disclose Clearly The Impacts Of Climate-Related Matters
All companies are facing climate-related risks and opportunities. Some are affected more than others. For some companies, the risks and...
My Best CFO
Changes to IFRS That Come Into Force For Reporting Periods Starting 01 January 2022 (continued)
Annual Improvements to IFRS Standards 2018–2020 makes amendments to the following standards: IFRS 1 "First-time Adoption of International...
My Best CFO
Changes to IFRS That Come Into Force For Reporting Periods Starting 01 January 2022
There are amendments to certain IFRS that come into force starting January 1, 2022: IFRS 3 "Business Combinations" It outlines the...
My Best CFO
What is Conceptual Framework for Financial Reporting and How Can You Benefit from It?
In March 2018 IASB has issued a revised “Conceptual Framework for Financial Reporting”, which is effective for annual periods beginning...
My Best CFO
A Refresher on Changes to IFRS Effective January 2020
“All things are difficult before they are easy.” Thomas Fuller, English churchman and historian Many companies have their financial...
Insights: Blog2
bottom of page