IFRS 17 Insurance Contracts – Are You Ready?

If you are involved in financial reporting and analysis of large insurance companies, I am sure a day would not pass in the year 2022 without thinking of IFRS 17. IFRS 17 is a comprehensive standard on accounting for insurance contracts – the first time… Read More »

New Standard IPSAS 43 Leases-SMGC

New Standard IPSAS 43 Leases

IPSAS 43 Leases Why IPSAS 43? IPSAS 13 requires lessees and lessors to classify leases as either finance or operating leases. This is based on the risks and rewards incidental to the ownership model. Unlike finance leases, operating leases do not require lessees to recognise… Read More »

Three Tips To Prevent Manager Overwhelm And Burnout-SMGC

Three Tips To Prevent Manager Overwhelm And Burnout

The Global Growth Institute conducted research with managers across the world to understand what they really think and what organisations are doing right – and wrong. One of the questions asked was: “If you could change one thing about your role as manager, what would… Read More »

Spotlight on IFRS Training & Certification-SMGC

Spotlight On IFRS Training & Certification

International Financial Reporting Standards (IFRS) has become a global accounting language. There are currently over 140 countries that require or permit the use of IFRS for listed companies. What is special about IFRS that more than half the world has adopted the Standards? The answer… Read More »

CPD Training and Certification-Square Mile Global Consulting

CPD Training and Certification

We at Square Mile Global Consulting recently announced our membership of the CPD Certification Service. The CPD Certification Service is the independent CPD accreditation centre working across all sectors globally. As a member of the CPD Certification Service, we are able to provide CPD UK… Read More »

Overview of IFRS for Small and Medium-sized Enterprises (SMEs)

Cryptocurrencies have become popular in the last few years. There are over 10,000 cryptocurrencies with the global crypto market capitalisation over $2 trillion. A cryptocurrency, such as Bitcoin, Ethereum or Ripple is a form of digital asset. Buyers use money to buy cryptocurrency such as Bitcoin (or a… Read More »

IFRS Accounting for Cryptocurrency

Cryptocurrencies have become popular in the last few years. There are over 10,000 cryptocurrencies with the global crypto market capitalisation over $2 trillion. A cryptocurrency, such as Bitcoin, Ethereum or Ripple is a form of digital asset. Buyers use money to buy cryptocurrency such as Bitcoin (or a… Read More »

IFRS Update: Impact of COVID-19 on Going Concern Assessment

As we all have seen, the world has turned upside down in 2020. The coronavirus pandemic has affected businesses globally. This has an impact on the financial statements prepared under the International Financial Reporting Standards (IFRS). The impact of COVID-19 can be summarised, at a… Read More »

IFRS Training and Certification

IFRS Training & Certification

Financial adherence is primary for any type of organization, irrespective of their industry or geography. It helps the stakeholders and management to analyze and take data driven decisions. With globalization and open markets, the need for standardization of accounting principles was inevitable. The standards that… Read More »

Role of IFRS in Safeguarding Investor Interests

Role of IFRS in safeguarding investor interests

Role of IFRS in safeguarding investor interests IFRS is a global financial reporting language. There are 130+ countries that have either adopted the International Financial Reporting Standards (IFRS) or are in the process of doing so. How does IFRS help companies to safeguard investor interests?… Read More »