What’s new in the 2018 edition?
The December 2018 edition of the publication has been updated for changes to International Financial Reporting Standards that have been published between 1 December 2017 and 30 November 2018.
The publication now covers 31 March 2018, 30 June 2018, 30 September 2018, 31 December 2018 and 31 March 2019 financial year ends.
How to use the publication Using the effective dates table The effective dates table on the next page lists all the changes covered in the publication, their effective dates, and whether the changes allow early application. Identifying the changes that will affect you The effective dates table has been colour coded to help entities planning for a specific financial reporting year end, and identifies: • changes mandatorily effective for the first time • changes not yet effective • changes already in effect. Where a change is not yet mandatorily effective for a particular year end, it may still be possible for an entity to adopt it early (depending on local legislation and
‘ The publication now covers 31 March 2018, 30 June 2018, 30 September 2018, 31 December 2018 and 31 March 2019 financial year ends.
We hope you find the information in this article helpful in giving you some high-level awareness of these recent changes to IFRS. If you would like to discuss any of the points raised, please speak to your usual Grant Thornton contact or your local member firm.