Discussion on how to streamline your implementation based on key lessons learned from the front runners.
BDO has published an update to its illustrative financial statements as at 31 December 2020. This update reflects changes to the requirements of IFRS for 31 December 2020 year-ends, including amendments made to IFRS 16, COVID-19 Related Rent Concessions. Click here to download.
The OECD and what a delay in global agreement may mean.
With the significant level of change impacting systems, processes, and people resulting from IFRS 17, Caribbean Insurers are looking for right sized implementation strategies that will achieve compliance or further optimization. BDO, Optimus SBR, Valani and KR Consulting will show how to achieve...
The 2020 Budget was presented by the Hon. Minister of Public Works Juan Edghill on 9 September, amidst the COVID-19 pandemic and rising social tensions. Despite immediate challenges, the budget comes on the heels of another oil find and growing optimism for sustained double-digit economic growth.
IFRS at a Glance has been compiled to assist in gaining a high level overview of International Financial Reporting Standards (IFRSs), including International Accounting Standards and Interpretations. IFRS at a Glance includes all IFRSs issued and amended to 30 June 2020. Individual 'IFRS at a...
BDO has released illustrative interim financial statements as at 30 June 2020. These illustrative statements include explanations and illustrative disclosures for 30 June 2020 year-ends, including disclosures that may be required due to the effects of COVID-19. These include impairment of assets,...
The Government of Guyana has granted a further extension until 30 September 2020 on existing tax relief measures for individuals and businesses. To assist businesses, we examine some of these matters and provide brief guidance in this newsletter.
IFRS 17 compliance poses significant implementation challenges to the world's insurers and Caribbean insurers are no exception.Given the investments required for IFRS 17 and the impacts to the business, many insurers have their sights set on a target outcomes well beyond standard compliance...
BDO has just published its updated illustrative financial statement for the year ended 31 December 2019. It includes significantly updated disclosures for IFRS 16, along with other amendments and improvements.