International Financial Reporting Standards (IFRS)
Technical, step-by-step guidance on applying core IFRS standards correctly — recognition, measurement, and disclosure, explained the way accountants actually use them.
32 Guides Published
chapters
IFRS 16 Lease Accounting and Right of Use Asset
A technical guide to applying IFRS 16 correctly — from classifying and recognizing a lease through measuring the right-of-use asset and lease liability, including the short-term and low-value exemptions.
IFRS 16 Lease Liability Remeasurement: Reassessing Term, Options, and Variable Payments
How and when to remeasure the lease liability for changes in lease term, purchase options, and variable payments tied to an index or rate.
IFRS 16 Lease Modifications: When and How to Remeasure
Distinguishing a separate new lease from a modification of an existing one, and calculating the resulting gain or loss on a partial termination.
IFRS 16 Sale-and-Leaseback Transactions: Applying IFRS 15 to Measure the Right of Use Retained
Applying the IFRS 15 sale test to a sale-and-leaseback and measuring the right of use the seller-lessee retains.
IFRS 16 Lessor Accounting: Finance vs. Operating Lease Classification
The classification test lessors still apply, how a finance lease’s net investment is measured, and the special rule for subleases.
IFRS 15 Revenue Recognition Five Step Model
A technical guide to applying the IFRS 15 five-step model correctly — from identifying a valid contract through recognizing revenue as performance obligations are satisfied.
IFRS 16 Worked Examples: Calculating the Right-of-Use Asset and Lease Liability
Step-by-step numeric examples for measuring the lease liability and right-of-use asset under IFRS 16, including lease incentives and extension options.
IFRS 16 Lease Accounting Calculator
Enter your lease terms and get the initial lease liability, right-of-use asset, full amortisation schedule and journal entries — calculated instantly.
IFRS 15 Revenue Recognition Worked Examples: Applying the Five-Step Model
Numeric, step-by-step worked examples applying the IFRS 15 five-step revenue recognition model to real contract scenarios.
IFRS 15 Variable Consideration and the Constraint on Estimates
How to estimate variable consideration using the expected value or most likely amount method, then apply the constraint so revenue is only recognized to the extent it is highly probable not to reverse.
IFRS 15 Contract Modifications: Separate Contract or Not?
A decision framework for classifying contract modifications as a separate contract, a termination and new contract, or a cumulative catch-up adjustment under IFRS 15.
IFRS 15 Principal vs. Agent: Gross or Net Revenue?
Applying the control-based indicators that determine whether an entity recognizes revenue gross as a principal or net as an agent under IFRS 15.
IFRS 15 Licensing and Sales- or Usage-Based Royalties
Distinguishing a right of access from a right of use in licensing arrangements, and applying the special royalty constraint for sales- or usage-based license fees.
IFRS 9 Classification and Measurement: The Business Model and SPPI Framework
A technical guide to classifying financial assets and liabilities under IFRS 9 — the business model assessment, the SPPI test, and the three measurement categories that follow.
IFRS 9 Expected Credit Loss Impairment Model
A practical guide to the forward-looking Expected Credit Loss framework — the three-stage general approach, the simplified approach for trade receivables, and forward-looking provisioning.
IFRS 9 Hedge Accounting Mechanics
A working guide to IFRS 9 hedge accounting — the three hedging relationship types, effectiveness and documentation requirements, and the mechanics of fair value and cash flow hedges.
IFRS 9 Derecognition Rules for Financial Assets and Liabilities
A practical walkthrough of the IFRS 9 derecognition model — the risks-and-rewards and control tests for financial assets, and the substantial-modification test for liabilities.
IFRS 18 Fundamentals & Overview: What Replaces IAS 1 in 2027
Why IFRS 18 replaces IAS 1, the five classification categories, the two new subtotals, MPMs, and the 1 January 2027 effective date at a glance.
IFRS 18 Classification: The Operating, Investing & Financing Categories
The detailed classification rules for the operating, investing, and financing categories, including special rules for lenders and investment entities.
IFRS 18’s Two New Required Subtotals Explained
How the two new mandatory subtotals — operating profit, and profit before financing and income taxes — are built from the classification categories.
IFRS 18: Expenses by Nature vs by Function
The surviving nature/function presentation choice, and the new mandatory by-nature note disclosure for companies that present by function.
IFRS 18 Management-Defined Performance Measures (MPMs) Explained
What counts as a management-defined performance measure, and the new mandatory reconciliation note that brings adjusted-profit figures into the audited financial statements.
IFRS 18 Aggregation & Disaggregation: The End of the Vague ‘Other’ Line
The new principle for grouping and separating items, and the tightened restriction on vague “other” labels.
IFRS 18’s Changes to the Cash Flow Statement (IAS 7 Amendments)
The new mandatory starting point for the indirect method, and why interest and dividend cash flows must now follow their income statement classification.
IFRS 18 Transition & First-Time Adoption: A Practical Roadmap
Retrospective application, mandatory transition disclosures, the early-adoption decision, and a five-stage roadmap to 2027.
IFRS 2 Part 1: Scope, Objective and the Three Types of Share-Based Payment
An introduction to IFRS 2 Share-based Payment — what falls inside its scope, why the standard exists, and the three transaction types that shape everything else.
IFRS 2 Part 2: Measuring and Recognizing Equity-Settled Transactions
How to measure and recognize equity-settled share-based payments — grant-date fair value, the vesting-period expense mechanic, and the headcount true-up.
IFRS 2 Part 3: Vesting Conditions — Service, Performance and Non-Vesting
A close look at vesting conditions under IFRS 2 — service, performance (market and non-market), and non-vesting conditions, plus graded vesting.
IFRS 2 Part 4: Valuation — Option-Pricing Models and a Live Black-Scholes Calculator
Option-pricing models for share-based payment valuation, including a live interactive Black-Scholes calculator you can use with your own assumptions.
IFRS 2 Part 5: Cash-Settled Awards and Choice-of-Settlement Transactions
Cash-settled share-based payments and choice-of-settlement transactions — share appreciation rights, liability remeasurement, and compound instruments.
IFRS 2 Part 6: Modifications, Cancellations and Forfeitures
How IFRS 2 treats modifications, cancellations, and forfeitures of share-based payment awards, and why the standard is deliberately asymmetric.
IFRS 2 Part 7: Disclosures, a Full Worked Example and Downloadable Valuation Templates
IFRS 2 disclosure requirements, a full worked example, and downloadable Excel valuation templates for share, option, and performance-rights awards.