2018 Manual of accounting - IFRS supplement

PwC’s ‘Manual of accounting – IFRS supplement 2018’ should be read in conjunction with the Manual of accounting - IFRS 2017, Volumes 1 and 2.  The supplement provides complementary guidance on how to prepare financial statements in accordance with the IFRSs and amendments to IFRSs issued by the International Accounting Standards Board (IASB) for accounting years ending December 2018. Together, these three volumes comprise the ‘Manual of accounting – IFRS 2018’, our comprehensive guide bringing together the IFRS experience of the PwC network.

Included in the supplement are:
• New chapter on leasing under IFRS 16
• Chapter on interim financial reporting (IAS 34)
• Updated guidance on:
   - IFRS 9: Classification and measurement
   - IFRS 9: Impairment
   - IFRS 9: Hedge accounting
• New appendix on ‘Business combinations under common control and capital reorganisations’
• New appendix on ‘Preparation of combined and carve out financial statements’  

Further updates to other chapters, including new illustrative text, are available electronically only in the ebook edition or via subscription to Inform (inform.pwc.com).