Welcome to IFRS Newsletter – a newsletter that offers a summary of certain developments in International Financial Reporting Standards (IFRS) along with insights into topical issues.


We begin this final edition of the year by looking at a Global Public Policy Committe (GPPC) paper which aims to promote the implementation of accounting for expected credit losses under IFRS 9 Financial Instruments to a high standard. We then go on to consider amendments to two IFRS, including an important one to IFRS 9, and further, two recent Exposure Drafts.

Further on in the newsletter, you will find IFRS-related news at Grant Thornton and a general round-up of financial reporting developments. We finish with a summary of the implementation dates of newer standards that are not yet mandatory, and a list of International Accounting Standards Board (IASB) publications that are out for comment.