Accounting Standards eLearning

Amendments to IAS 1 - Classification of liabilities as current or non-current

• Non-refundable VAT on lease payments (September 2021)
• Accounting for warrants that are classified as financial liabilities on initial recognition - IAS 32 Financial Instruments: Presentation (September 2021)
• Costs necessary to sell inventories (June 2021)
• Presentation of financial statements when an entity is no longer a going concern (June 2021)
• Attributing benefits to periods of service (April 2021)  
• Hedging variability in cash flows due to real interest rates (April 2021)
• Configuration or customisation costs in a cloud computing arrangement - IAS 38 Intangible Assets (April 2021)
• Supply chain financing arrangements (December 2020)
• Deferred  tax related to an investment in a subsidiary - IAS 12 (June 2020)
• Player transfer payments - IAS 38 (June 2020)
• IFRIC agenda decision - Sale and leaseback with variable payments (June 2020)
• IFRIC agenda decision – Training costs to fulfil a contract (April 2020)
• Multiple tax consequences of recovering an asset - IAS 12 (April 2020)
• IFRIC agenda decision – Definition of a lease: Decision-making rights (April 2020)
• Translation of a hyperinflationary foreign operation - IAS 21 (March 2020)
• IFRIC agenda decision – Lease term for renewable and cancellable leases (November 2019)

• IFRS 3 – Updating references to the Conceptual Framework (June 2020)
• IAS 16 – Proceeds from selling items produced while bringing asset to location and condition to be capable of operating in manner intended by management (June 2020)
• IAS 37 – Costs to consider in assessing whether a contract is onerous (June 2020)
• Annual improvements 2018-2020 Cycle – Amendments to IFRS 1, IFRS 9, IFRS 16 and IAS 41 (June 2020)