Present-Day Solutions

Did you know?

The following new accounting standards and amendments issued before 31 December 2023 are effective for the accounting periods beginning on or after 1 January 2024?

1. Non-current Liabilities with Covenants – Amendments to IAS 1 and Classification of Liabilities as Current or Non-current – Amendments to IAS 1

2. Lease Liability in a Sale and Leaseback – Amendments to IFRS 16

3. Supplier Finance Arrangements – Amendments to IAS 7 and IFRS 7

4. IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures

The above new standards and or amendments are effective 1 January 2024.

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