IFRS 15 introduced the five-step model for revenue recognition and applies specifically to contracts with customers. This article deals with Step 3 of the five-step model, which covers determining the transaction price.
The IASB issued a new standard on accounting for companies subject to rate regulation: the IFRS 20 ‘Regulatory Assets and Regulatory Liabilities’.
Read our first article of the Insights into IAS 7 series – ‘IAS 7 at a glance’.
We have published the 2026 version of 'IFRS Interim Example Consolidated Financial Statements’, which illustrates a six-month period beginning on 1 January 2026.
Final Insights into IFRS 2 article released – ‘Presentation and disclosure of share-based payment transactions’
IFRS 18 introduces a new way to classify income and expense in the statement of profit or loss. Our new Insight looks in detail at these new requirements.
This article deals with the principal versus agent considerations of IFRS 15.
We have released the first Grant Thornton International IFRS Sustainability Disclosure Standards – Example Sustainability-related Financial Disclosures.
In 2024, the IASB issued IFRS 18 with the aim of improving consistency in financial reporting. Our new Insight provides an overview of the key requirements.
We have released the 2026 edition of our annual publication Navigating the Changes to IFRS, updated for the changes to IFRS Accounting Standards issued in 2025
This article discusses the discusses the accounting for share-based payment transactions with non-employees.
This article discusses the discusses the accounting for cash-settled share-based payment transactions with employees.
Read the second article in new Insights into IFRS 15 series – ‘Step 1: Identifying a contract with a customer.
First article in new Insights into IFRS 15 series released – ‘Overview and scope’
This article discusses the implementation of simplified financial reporting for eligible subsidiaries in accordance with IFRS 19.
This article covers IFRS 3's disclosure requirements.