FAQs on IFRS

Frequently asked questions on IFRS, US GAAP, CSRD, ESRS:

IFRS

  1. Timing of accrual of audit fees under IFRS
  2. Is a financial instrument a floating rate financial instrument (i.e. is it in scope of paragraph B5.4.5 or paragraph B5.4.6 of IFRS 9)?
  3. How do you solve a 'paradox' of profit attributable to non-controlling interest under IFRS?
  4. What is the measurement basis for financial instruments sold short under IFRS?
  5. Should revaluation of securities at FVPL be presented separately from net purchases (sales) of those securities in the operating section of the statement of cash flows prepared under indirect method?
  6. How do you calculate amortized cost of a financial instrument where periodic payments do not coincide with period end?