Insights and Publications from AARO Academy

Receive interesting and important publications on finance insights from our panel of accounting experts at AARO Academy.

Accounting for lease modifications: A lessee perspective

Background IFRS 16 Leases was issued in January 2016 and it is effective for accounting periods beginning on or after 1 January 2019. Companies have interacted with the standard for

Overview of IFRS S1 & S2 Sustainability Reporting Standards

Sustainability reporting has evolved significantly, moving from voluntary corporate social responsibility (CSR) reporting – often used to highlight ethical practices and community engagement – to a set of mandatory, investor-focused

BEPS and Pillar 2 – What you need to know

Companies around us with a turnover exceeding SEK 7 billion are working on their report and analysis of Pillar 2. This is, to say the least, a complicated area, and

Demystifying Digital Financial Reporting for better comparability and analysis

In recent years, there have been many changes with new concepts in the reporting frameworks as regulators strive to assert their authority and ensure the free flow of information on

Key Considerations for Earnouts: Accounting Implications Under IFRS 3

Over the past few years, there has been an increase in acquisition agreements that include clauses requiring certain conditions to be met before considerations are paid.According to PwC, global activity

Successfully finalizing our Pilot Sustainability Project with a customer!

During the spring of 2024, we launched a pilot project to implement a Sustainability Note Package with a customer. The Accounting expert panel was assigned a task top develop a

Disclosure of Management-defined Performance Measures (MPMs) under IFRS 18

In the past, entities have defined and voluntarily presented their own measures of performance, commonly referred to as alternative performance measures (APMs) or non-GAAP measures, in their financial statements. To

Introducing IFRS 19 Subsidiaries without Public Accountability: Disclosures

In a rapidly evolving financial landscape, the introduction of IFRS 19 promises to revolutionize how subsidiaries manage their accounting by simplifying disclosure requirements. IFRS 19 was Issued in May 2024

A more structured statement of profit or loss under IFRS 18

To improve the structure of the statement of profit or loss, IFRS 18 Presentation and Disclosure in Financial Statements introduces: These changes do not affect the overall financial performance of

Summary of IFRS 18 — Presentation and Disclosure in Financial Statements

IFRS 18 responds to emerging challenges in disclosure Why introduce a new standard for the presentation and disclosure of financial statements? Many users, including investors, have voiced the need for adjustments to

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