Financial Reporting

This is a complete set of notes on everything you need to know about IAS 12 Income taxes. It will assist you on how to approach different questions and explains why certain things are done the way IFRS requires it. It also includes a disclosure template and explains it.

This is an overview of IAS 21 and states the basic principles that need to be applied because of this standard.

This is a quick guide to the definitions of an Asset and a Liability. It has key elements and interpretive guidance on these definitions. The requirements to apply IFRS for SME's is also included.