First Impressions

First Impressions
First Impressions are prepared for new standards or significant amendments to existing standards. These publications include a discussion of the key elements of the new requirements and highlight areas that may result in a change of practice.

First Impressions: Additions to IFRS 9 Financial Instruments
This publication includes a discussion of the key elements of the new requirements and highlights areas that may result in a change of practice.

First Impressions: IFRS 9 Financial Instruments
This edition of First Impressions considers the requirements of the new standard IFRS 9 Financial Instruments issued in November 2009.

First Impressions: Revised IAS 24 Related Party Disclosures
This edition of First Impressions considers the requirements of the revised version of IAS 24 Related Party Disclosures issued in November 2009.

First Impressions: Amendments to IFRS 2 – Group Cash-Settled Share-based Payment Transactions
This edition of First Impressions includes a discussion of the key elements of the new requirements and highlights areas that may result in a change of practice. Illustrative examples are also provided to assist in assessing the impact of implementation.

First Impressions: ED/2009/7 Financial Instruments: Classification and Measurement
The IASB currently is revising the accounting requirements for financial instruments.

First Impressions: IFRIC 17 Distributions of Non-cash Assets to Owners
The International Accounting Standards Board published IFRIC Interpretation 17 Distributions of Non-cash Assets to Owners on 27 Nov 08. Previously there was no specific guidance in IFRSs on the subject.

First Impressions: IFRS 3 and FAS 141R Business Combinations (January 2008)
This edition considers the requirements of IFRS 3 Business Combinations (2008) and the related amendments to IAS 27 Consolidated and Separate Financial Statements (2008), issued by the International Accounting Standards Board (IASB).

First Impressions: IFRIC 12 Service Concession Arrangements (January 2007)
First Impressions is a publication that is prepared upon the release of a new International Financial Reporting Standard (IFRS), interpretation, or other significant amendment to the requirements of IFRSs.

First Impressions: IFRS 6 Exploration for and Evaluation of Mineral Resources
This edition of First Impressions considers the requirements of IFRS 6, and is relevant both to first-time adopters of IFRSs and to those who currently report under IFRSs.

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