IFRS top 20 tracker

The 2013 edition of the IFRS top 20 tracker continues to take management through the top 20 disclosure and accounting issues.

These twenty issues have been identified based on the experience of member firms within Grant Thornton International in assisting companies apply IFRS which are consistent with New Zealand equivalents of IFRS (NZ IFRS).

Key themes driving selection of the issues in the 2013 edition are:

• the need for consistency between a company’s financial statements and its management commentary
• the effect that adverse economic conditions may have on a company’s financial statements, with particular emphasis on the applicability of the going concern assumption
• key areas of interest for regulators
• challenging areas of accounting
• recent and forthcoming changes in financial reporting

For more information on the IFRS top 20 tracker or the issues raised in it please click here to contact Mark Hucklesby, National Technical Director