Applying IFRS Standards to real transactions and arrangements can be a significant challenge. Insights into IFRS is based on KPMG member firms’

experience of applying IFRS Standards around the world and explains

our views on many interpretative issues. We’ve taken the questions that

we’ve received and turned them into practical guidance to help you apply

IFRS Standards to your situation.

The publication is organised by topic and extensively cross-referenced

to the standards that are in issue at 1 August 2018 and that apply to an

annual period beginning on or after 1 January 2018.

To help you plan ahead, we discuss standards that have been issued

but are not yet effective and we highlight areas under discussion for

potential change.

Key features:

• Provides the insight you need to meet current IFRS requirements
  
  Practical guidance for preparing and interpreting financial statements
  
  Clear and insightful analysis of technical content
  
  Real-life examples to address issues of practical application
  
  The latest thinking on IFRS while also discussing possible future developments
  
  Looks at general issues such as business combinations and fair value measurement
  
  Discusses specific items in the statement of financial position and statement of profit or loss and OCI
  
  Features special topics such as interim reporting and issues relevant to those making the transition to IFRS
  
  Covers financial instruments
  
  Includes an appendix of currently effective and forthcoming requirements