Understand how the amendments may change the way an entity determines the cost of fulfilling its obligation in onerous contract assessment.
The article discusses on the upcoming amendments to IAS 1 relating to disclosure of accounting policies including how it affects reporting entities.
Understand the upcoming amendments to IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors to be issued by IASB soon.
Learn how the amendments to MFRS 116 Property, Plant and Equipment clarify the treatment relating to proceeds received before intended use.
Find out how classification of financial liabilities will change in the financial statements following the amendments to MFRS 101.