- IFRS conversions
- Mergers & acquisitions
- Financial instruments
- Consolidation / deconsolidation
- Employee benefits
- Stock option plans
- Revenue recognition
- Specific IFRS information
- Related topics
IFRS services offered by the Brussels IFRS Centre of Excellence.
Preparation and presentation of the information required for the first IFRS financial statements.
Mergers & acquisitions
Identification and fair valuation of assets and liabilities to be recognised; treatment of contingencies and goodwill under IFRS 3.
Recognition and derecognition of financial instruments, including off-balance character of sales of receivables; identification and measurement of derivatives and commodity contracts; fair value measurement of all types of financial assets and liabilities; effective hedge accounting strategies under IAS 39/IFRS 9; classification as debt or equity under IAS 32; disclosures under IFRS 7; fair value measurement under IFRS 13 and impact assessment of IFRS 9.
Consolidation / deconsolidation
Consolidation / deconsolidation of subsidiaries, joint arrangements and associates under IFRS 10, IFRS 11 and IAS 28.
Identification of lease arrangements in outsourcing, take-or-pay and similar contracts; classification as finance or operating lease and accounting treatment by the lessee and/or the lessor under IAS 17. Impact assessment of IFRS 16, the new leasing standard, including identifying arrangements containing a lease and accounting treatment by the lessee and/or the lessor under IFRS 16.
Identification and classification of post-retirement benefit plans and actuarial valuations under IAS 19.
Stock option plans
Fair value calculations and accounting treatment under IFRS 2.
Revenue recognition according to the 5 Step Model under IFRS 15, the new revenue recognition standard effective as from 1 January 2018, including the disclosure requirements.
Recognition criteria and measurement under IAS 37, including restructuring provisions and onerous contracts.
Specific IFRS information
Related party disclosures under IAS 24; segment reporting under IFRS 8; (diluted) earnings per share under IAS 33; discontinued operations and assets held for sale under IFRS 5, interests in other entities under IFRS 12.