In this edition we continue our series on ‘Blind Freddy’ common errors, i.e. errors that are so obvious that even ‘Blind Freddy’ would spot them. Our fourth article in the 2016 series focuses on common errors in accounting for impairment and continues our discussion on Blind Freddy errors when determining value in use.
We also look at the impact of red tape reduction in the charity sector in South Australia and Tasmania and recent changes to IFRS 2 Share-based Payment.
Lastly, we draw your attention to BDO published articles and resources on IFRS 9 Financial Instruments and ASIC’s new condensed resources for directors on corporate governance.