| Related Parties |
In addition to disclosure of related party balances and transactions, some related party transactions may need to be remeasured to the carrying amount, rather than the transaction amount. |
The presence of related parties needs to be disclosed, along with details of transactions and balances with related parties. |
| Key Management |
There is no specific disclosure requirement for key management compensation. |
Disclosure of compensation paid to key management personnel is required. |
| Subsequent Events |
Subsequent events are considered up to the date that the financial statements are completed, which may require some judgment. |
Periods after the reporting date must be considered up to the date that the financial statements are authorized for issue. |
| Interim Reporting |
N/A |
Provides guidance but no required disclosures. Accruals and accounting policies should be applied in the same way as is done in the annual financial statements. |
| Segmented Reporting |
N/A |
Reportable segments are defined by characteristics and significance tests. Disclosures can be extensive and include reconciliation of key line items such as revenue, profits/losses, assets, and liabilities to the core financial statements. |
