Latest publications


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Tax Facts 2010
Our annual Tax Facts publication is a useful guide to the taxation system in Cyprus. It gives a brief overview of the main types of tax in a handy, easy to read format.
First-Time Adoption of IFRS - Example Consolidated Financial Statements 2009
Published by the IFRS team at Grant Thornton International Ltd.

FTA Example Consolidated Financial Statements 2009 illustrates the application of the presentation and disclosure requirements of International Financial Reporting Standards (IFRSs) by an entity that is a first-time adopter of IFRS.

The publication illustrates the adoption of the various newer requirements including IAS 23 Borrowing Costs (as revised in 2007), IFRS 7 Financial Instruments: Disclosures - improving disclosures about financial instruments, IAS 1 Presentation of Financial Statements (as revised in 2007), IFRS 8 Operating Segments and IFRS 1 First-time Adoption of International Financial Reporting Standards (revised 2008)
Financial Instruments on Display - Illustrative Disclosures and Guidance on IFRS 7
Published by the IFRS team at Grant Thornton International Ltd.

Experience has shown that IFRS 7 presents challenges, and two years of practical experience enables us to share our insights into the most problematic areas. Moreover, the global financial crisis has put the spotlight on the adequacy of risk and other disclosures concerning financial instruments. The crisis has also led the IASB to add some significant new requirements to IFRS 7 in recent months. The latest edition of the publication has been updated to reflect these requirements which come into effect from 1 January 2009.
GTI IFRS News Special Edition IFRS for SMEs
The Grant Thornton International IFRS Team has published a special edition of IFRS News on the International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs). The IFRS for SMEs is a simplified version of full IFRS aimed at the needs of private companies, and has the potential to harmonise financial reporting by private companies across the world.

 

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Publications

We periodically produce a range of publications covering technical and other issues to assist you in running your business.