This blog post provides a list of the most recent Strategic Business Reporting (SBR) Technical articles. The SBR Technical Articles are designed to provide an overview of the key SBR topics and related examiners guidance, as well as share insights and experiences from various users and implementers.
Fundamental ethical and professional principles (A)
The article discusses several ethical threats accountants in today's digital age may face and offers suggestions on how these risks might be mitigated or eliminated.
The financial reporting framework (B)
The article looks at what differentiates profit or loss from other comprehensive income and where items should be presented.
Reporting the financial performance of a range of entities (C)
To help small and medium-sized enterprises (SMEs) meet the needs of their customers, they must have access to reliable accounting information. This can be difficult for these companies since most require a level playing field where competitors must also provide comparable data on which consumers may base decisions about purchases or investments in various markets; however, this isn't always the reality when dealing with smaller businesses all over the world who struggle under higher levels.
The deferred tax system is integral to any company's financial reporting. This article looks at the aspects covered in detail on your next exam and then moves on to more complicated topics for future tests!
Implementing International Financial Reporting Standard 2, Share-based Payment has caused much controversy in recent years. This standard applies when a company acquires or receives goods and services for equity-based payments like stock options from their employees, which can be challenging to manage since there's no way they know what expense will come up next!
In IFRS 13, many principles and concepts need to be understood by entities. This would require a lot of work simply because it's difficult for people who don't have an accounting background or any knowledge about this topic!
This article discusses the recent proposals from International Accounting Standards Board (ASB) for new regulations on financial asset impairment.
The information gathered from different methods can have an impact on financial statements.
IFRS 15 was recently updated to include new guidance on how revenue from customer contracts should be treated. This two-part article considers the application of this accounting standard, focusing specifically on its five steps and their corresponding impacts on an organization's financial statements at aggregate and individual levels.
The confusion about whether debt or equity should be displayed in an entity's statement of financial position has led to inconsistent reporting. Financial instruments often have both features, making it difficult for preparers and users alike to determine what they are looking at when reading their company's latest books.
The term "debt" is used synonymously with obligations incurred by entities towards others ( creditors ) instead of liabilities created from loans like mortgages.
Cryptocurrencies are a type of digital token that can be used to buy and sell products, services or assets. These tokens provide many rights, such as the right to use something else in exchange for your cryptocurrency (a concept known as "converting").
Financial statements of groups of entities (D)
Interpret financial statements for different stakeholders (E)
Interest in this area is sure to increase as businesses progress with reporting.
For centuries, people have been arguing about communicating financial performance in a way that will not mislead the user.
In 2013, the International Integrated Reporting Council (IIRC) released a framework for integrated reporting that guides creating an effective and engaging document.
The essence of a business is what makes it unique, and understanding this will help you predict the implications that changing circumstances may have on your company.
The impact of changes and potential changes in accounting regulation (F)
The investor and broader stakeholder demand for both financial disclosure and non-financial information have generally increased.
The annual report is often one of the company's most important documents. However, it's often been treated as an afterthought when companies think about what goes into their reports, which needs to change! Recent initiatives have started discussions on how clutter could affect investor confidence and future business success rates in light of new research that shows its impact more than ever before.
This article considers what should be included in accounting for a company's capital and why it matters.
The UN has created a set of 17 global goals to be achieved by 2030. These include zero hunger, decent work and economic growth with reduced inequalities worldwide!
Technical articles on multiple syllabus sections
This article considers three control issues that candidates might face when responding to an exam question. It also reflects on how share-based payments should be accounted for in connection with the purchase consideration given by a business combination participant, specifically their subsidiaries' acquirees (the dilutive entity). Finally, it uses pandemic extraordinaire Covid 19 as the context within which IFRS standards may apply; why these particular ones are relevant during such emergencies/crises like this one where there's been so much emphasis placed upon preparedness come clear. Soon enough!
IFRS isn't the only set of standards that financial accountants need to worry about when it comes time for an initial coin offering. The article discusses how many IFRS principles and concepts could be relevant in this case, including asset ceiling tests standard within employee benefits accounting practices worldwide (and have even appeared occasionally). It also looks at some non-financial performance measures reported by one digital entity as they relate their business activities during specific periods under examination there -- these may give some insights into what other companies might do!
The technical matter of onerous lease contracts and their impairment is the topic addressed in this article. Two different types of approaches are used to answer SBR exam questions: (i) investors issues; and/or), application knowledge about specific situations that arise when analyzing these complex lease contract examples given by banks during due diligence processes before investing into real estate projects.
The SBR Technical Articles are a valuable resource for anyone looking to learn more about the key topics covered in SBR.
We encourage you to explore all of the available resources and find what works best for you and your team. Are there any other SBR-related resources that you have found helpful? Let us know in the comments below!