IFRS | Changing economic environments – Assessing the financial impact

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IFRS | Changing economic environments – Assessing the financial impact

Insights

Published on September 11, 2025

• 1 min read

The Grant Thornton International IFRS Accounting Standards team has published Changing economic environments – Assessing the financial impact and required disclosures.

The government of the United States of America (US) has announced a series of changes in their economic and policy priorities. These include changes to import tariffs targeting major trading partners and the suspension of foreign development assistance. Some of the changes have been temporarily reduced or suspended pending further review.

As at the date of this article, the US government is in negotiations with some trade partners on tariff and trade matters. The conclusion of these talks may alter the details of the tariff actions.

The publication identifies key financial reporting areas that entities need to consider when determining the impact on their business, and on the results, financial position and disclosures in their financial statements under IFRS Accounting Standards.

IFRS Adviser Alert | Changing economic environments – Assessing the financial impact and required disclosures | September 2025

Download the document IFRS_Adviser_Alert_Changing_economic_environment_P

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