BDO has released an update to its IFRS Accounting Standards At a Glance publication series.
IFRS Accounting Standards At a Glance summarises all IFRS Accounting Standards in a few pages and includes all IFRS Accounting Standards and amendments issued up to 31 December 2024.
IFRS Accounting Standards At a Glance also includes a link to the IFRS Accounting Standards FAQs released by BDO. The FAQs cover IFRIC Agenda Decisions and other FAQs for respective standards.
The publication includes a separate Appendix at the end of the publication which presents summaries of two new IFRS Accounting Standards IFRS 18 Presentation and Disclosure in Financial Statements and IFRS 19 Subsidiaries without Public Accountability: Disclosures which were issued in May 2024 and are mandatorily effective for annual reporting periods beginning on or after 1 January 2027. Appendix 1 also includes versions of certain IFRS Accounting Standards that had major consequential amendments as a result of IFRS 18 being issued.
Please, contact BDO in Ukraine to receive expert guidance in the area of IFRS and ensure your financial statements adhere to international standards!
Source: BDO Global
IFRS Accounting Standards At a Glance also includes a link to the IFRS Accounting Standards FAQs released by BDO. The FAQs cover IFRIC Agenda Decisions and other FAQs for respective standards.
The publication includes a separate Appendix at the end of the publication which presents summaries of two new IFRS Accounting Standards IFRS 18 Presentation and Disclosure in Financial Statements and IFRS 19 Subsidiaries without Public Accountability: Disclosures which were issued in May 2024 and are mandatorily effective for annual reporting periods beginning on or after 1 January 2027. Appendix 1 also includes versions of certain IFRS Accounting Standards that had major consequential amendments as a result of IFRS 18 being issued.
Optimize your financial reporting with BDO in Ukraine!
BDO in Ukraine provides comprehensive International Financial Reporting Standards (IFRS) services to help companies effectively implement and comply with the IFRS requirements. We support businesses at every stage — from analyzing the impact of the standards on the company’s operations to the full transformation of reporting in accordance with IFRS.
Our IFRS services include:
- Consultations on the implementation of IFRS — analysis of existing financial statements, adaptation of accounting policies, preparation of recommendations for the transition to IFRS.
- Transformation of financial statements — transition from National Accounting Standards (NAS) to IFRS, preparation of the first set of financial statements in accordance with the international standards.
- Development of IFRS accounting policy — formation of the company’s accounting policy, considering the specifics of the business and the requirements of the international standards.
- Assessment of the impact of changes in IFRS — analysis of the new standards and their impact on the business, development of adaptation strategies.
- Automation of accounting under IFRS — implementation of IT solutions to optimize reporting and reduce the risk of errors.
- Staff training — specialized training for financial specialists and accountants on the application of IFRS.
Please, contact BDO in Ukraine to receive expert guidance in the area of IFRS and ensure your financial statements adhere to international standards!
Source: BDO Global
