IFRS Today

By KPMG International

Business

What's IFRS Today about?

KPMG’s podcast series on the most topical issues in financial and sustainability reporting

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IFRS Today episodes:

12.07.2023
Areas of focus for 2023 year ends
Hosted by Brian O’Donovan (KPMG Global IFRS Leader), this episode addresses the current uncertain times and delivers insights from KPMG specialists on a range of topics – including climate-related risks and connectivity, valuation and impairment, implications of the new global...
07.25.2023
Emissions | ESG measures in executive pay packages
Increasingly, incentives offered to executives as part of their pay packages can include delivering on a company's ESG strategy. For example, executive bonuses based in part on progress towards a company's net-zero target. In this podcast – the latest in our...
07.06.2023
Emissions | Net-zero commitments | Impacts on financial reporting
When a company pledges to meet net-zero targets by a certain date, it faces heightened scrutiny of the steps to be taken to meet such commitments and their potential financial reporting impacts. Stakeholder expectations are high, and if a company...
06.27.2023
ESG reporting | TCFD to ISSB | How does my company get there?
The release of the first two IFRS® Sustainability Disclosure Standards is a key milestone in the evolution of the sustainability reporting landscape towards high-quality mandatory reporting. We now have a clear global baseline for investor-focused sustainability reporting that local jurisdictions...
06.12.2023
Emissions schemes | Generating carbon credits under voluntary schemes
Companies generating carbon credits under voluntary green schemes face a number of financial reporting considerations – especially given the absence of requirements under IFRS® Accounting Standards that apply specifically to these schemes. In this podcast – the latest in our series...
04.27.2023
Emissions schemes | How do voluntary green schemes work?
Emissions schemes | How do voluntary green schemes work?
03.21.2023
Emissions schemes | Green initiatives in the airlines industry
Companies across many different sectors have announced their net-zero carbon commitments – as part of a drive towards a greener economy. As businesses embrace new arrangements and operational changes to hit their net-zero targets, they face both challenges and opportunities. In...
12.06.2022
Areas of focus for 2022 year ends
The latest IFRS Today podcast offers clear and concise points for companies to consider when preparing their year-end financial statements.
06.12.2022
Comparing international, EU and US sustainability reporting proposals
Within the space of a few weeks, the International Sustainability Standards Board (ISSB™ Board), EFRAG and the SEC have all published proposed sustainability reporting standards.
02.14.2022
Climate-related risks – Financial reporting impacts
Interconnectivity between the financial statements and the rest of the annual report on climate-related matters is a key concern for investors and regulators. Investors are challenging the lack of sufficient disclosure of climate-related information in financial statements and are seeking...
12.01.2021
COVID-19 – Areas of focus for 2021 year ends
This podcast covers a range of key points for consideration in reflecting the impact of COVID-19 in year-end financial statements. Hosted by Reinhard Dotzlaw (KPMG Global IFRS leader), this episode offers insights from KPMG specialists who each share their thoughts...
07.19.2021
Climate change – What are the impacts of climate-related risks and opportunities?
All companies are facing climate-related risks and opportunities – and are making strategic decisions in response. To complement the launch of our Climate change financial reporting resource centre, Reinhard Dotzlaw asks the authors of its first articles to each give an...
07.12.2021
Mergers and acquisitions – Partnering with others
Buying or selling a business may be a step too far for you – you may simply want to partner with others. If that’s the case, figuring out what type of transaction you have entered into can be tricky. The...
04.22.2021
Mergers and acquisitions – Selling a business
Unlike acquiring a business, there isn’t one single IFRS standard that covers selling a business. Instead, there are several standards that you’ll need to consider along the way, from when you first start thinking about selling a business right up...
03.18.2021
Mergers and acquisitions – Buying a business
As the world begins to emerge from the COVID-19 pandemic, merger and acquisition (M&A) activity is on the rise. Companies should be aware of the accounting requirements before the transaction takes place so the implications can be considered as the...
12.09.2020
COVID-19 – Areas of focus for 2020 year ends
This podcast offers clear and concise points to consider on reflecting the impact of COVID-19 in year-end financial statements. Hosted by Reinhard Dotzlaw (KPMG Global IFRS leader), this episode offers insights from KPMG specialists who each share their thoughts on...
09.01.2020
IBOR reform – Targeted accounting relief to ease adoption
Many companies use benchmark interest rates – e.g. in their loan instruments, lease contracts and in hedge accounting. The replacement of some of these rates with alternative benchmark rates is expected to be mostly completed by the end of 2021. In...
06.17.2020
COVID-19 – Accounting for provisions
Many companies are keen to recognise the impact of COVID-19 in P&L now, but this means finding the right balance between under- and over-providing for its impacts. In this podcast, Irina Ipatova and Ian Greenwood provide a reminder of what can...
06.04.2020
COVID-19 – Accounting for government assistance
Governments around the world have implemented a broad range of actions to help companies during the COVID-19 coronavirus pandemic. Many – but not all – of these actions can be accounted for under IAS 20 Accounting for Government Grants. In this...
05.29.2020
COVID-19 – Estimating in uncertain times
COVID-19 has completely changed the macroeconomic landscape; the level of uncertainty about the future economic outlook and the related market volatility pose significant challenges for management when making estimates.
05.05.2020
IFRS 17 – Moving forward with implementation
The effective date for IFRS 17 Insurance Contracts is now 1 January 2023, following the decision to delay implementation for a year. Now that there is more certainty about the standard, this is a good time to talk about the preparation...
04.15.2020
COVID-19 – Financial reporting implications
Most companies are likely to be impacted by the COVID-19 coronavirus pandemic, either directly or indirectly, and the increased economic uncertainty and risk may have significant financial reporting implications.
06.13.2019
How will you be impacted by interest rate reforms?
Plans to move away from the London Interbank Offered Rate (LIBOR), and other IBORs, will bring significant challenges for all companies with exposures to these rates, not just banks. In this podcast, Colin Martin, May Tiem Gillen and Sarah Kindzerske take...
04.18.2019
Cryptoassets – Accounting and tax
Last year saw huge price volatility in cryptocurrencies and their credibility was questioned as a result. Today, much of the hype has settled down and cryptoasset markets are showing signs of maturing. In this podcast, Brian O'Donovan, Charlotte Lo and...
03.11.2019
Brexit and financial reporting – Reflecting uncertainty in accounts
The uncertainty around Brexit may impact a company’s balance sheet and profit or loss – and therefore its KPIs. It presents challenges to many companies – both UK and non-UK – when preparing estimates and forward-looking assessments. To follow up...
02.26.2019
Brexit and financial reporting – Questions for audit committees
Brexit is not just an issue for UK companies. If you have any exposure – direct or indirect – to the UK, then your supply chain, your customer demand, your taxes, tariffs or financing may be affected... In this podcast,...
02.18.2019
Leases – Overcoming the challenges of complying
The new lease accounting standards are now effective for calendar year-end companies, both under IFRS and US GAAP. In this podcast, Dean Bell, Markus Kreher and Brian O’Donovan discuss the findings of KPMG’s Global Lease Accounting Survey and explore what...
11.21.2018
Preparing for IFRS 16, the new leases standard
Ruben Rog, Julianna Obal and Dan Bealing discuss where the average company should realistically be with their preparations for IFRS 16 Leases and what they should be prioritising. 'IFRS' is a registered trademark of the IFRS Foundation and is used by...
10.19.2018
Crypto-assets – Risk and governance
Companies are finding that their interactions with crypto-assets are increasing. In this podcast, Andrew Schofield and Charlotte Lo examine some of the risk and governance issues that management and audit committees need to bear in mind. 'IFRS' is a registered trademark...
07.26.2018
IFRS 9 – Hedge accounting for corporates
In this podcast, Eric Peterson and Sarah Kindzerske discuss some of the key issues facing corporates when applying IFRS 9 Financial Instruments to hedge accounting. 'IFRS' is a registered trademark of the IFRS Foundation and is used by KPMG IFRG Limited...
07.19.2018
Introducing blockchain and cryptocurrencies
In this podcast, Brian Fields and Emma Hunter deliver a high-level overview of emerging blockchain technology and discuss some of its key impacts and implications. 'IFRS' is a registered trademark of the IFRS Foundation and is used by KPMG IFRG Limited...

What's IFRS Today about?

Download our free app to listen on your phone

IFRS Today episodes:

Areas of focus for 2023 year ends

Emissions | ESG measures in executive pay packages

Emissions | Net-zero commitments | Impacts on financial reporting

ESG reporting | TCFD to ISSB | How does my company get there?

Emissions schemes | Generating carbon credits under voluntary schemes

Emissions schemes | How do voluntary green schemes work?

Emissions schemes | Green initiatives in the airlines industry

Areas of focus for 2022 year ends

Comparing international, EU and US sustainability reporting proposals

Climate-related risks – Financial reporting impacts

COVID-19 – Areas of focus for 2021 year ends

Climate change – What are the impacts of climate-related risks and opportunities?

Mergers and acquisitions – Partnering with others

Mergers and acquisitions – Selling a business

Mergers and acquisitions – Buying a business

COVID-19 – Areas of focus for 2020 year ends

IBOR reform – Targeted accounting relief to ease adoption

COVID-19 – Accounting for provisions

COVID-19 – Accounting for government assistance

COVID-19 – Estimating in uncertain times

IFRS 17 – Moving forward with implementation

COVID-19 – Financial reporting implications

How will you be impacted by interest rate reforms?

Cryptoassets – Accounting and tax

Brexit and financial reporting – Reflecting uncertainty in accounts

Brexit and financial reporting – Questions for audit committees

Leases – Overcoming the challenges of complying

Preparing for IFRS 16, the new leases standard

Crypto-assets – Risk and governance

IFRS 9 – Hedge accounting for corporates

Introducing blockchain and cryptocurrencies