IFRS 17 Insurance Contracts has been issued by IASB in May 2017 to increase transparency for users and comparability between insurers. In 2020, a revised version of IFRS 17 was issued which set the ne...

IFRS 16 Leases requires companies to bring most leases on-balance sheet from 2019. It has now been over two years since the standard came into effect. At the time it was effective, the accounting trea...

Ever wondered why an auditor insists for a bank statement in pdf format and not on a spreadsheet? Do you know what is the purpose of a management representation letter? Would you like to understand mo...