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Grant Thornton looks at the potential impact of IFRS 15 'Revenue from Contracts with Customers' for revenue recognition in the retail industry.

Grant Thornton looks at the potential impact of IFRS 15 'Revenue from Contracts with Customers' for revenue recognition in the real estate industry.

Grant Thornton is a thought leader in the accounting industry and regularly makes public submissions to various regulatory and standards setting bodies.

ASX Corporate governance principles and recommendations

A farm-out arrangement typically involves an entity (the farmor) agreeing to provide a working interest in a mining property to a third party (the farmee), provided that the farmee makes a cash payment to the farmor and/or incurs certain expenditures on the property to earn that interest.

Intangible Assets in a Business Combination – Identifying and Valuing Intangibles under IFRS/AASB 3: Business Combinations (November 2013)

The IFRS Top 20 Tracker takes management through twenty important disclosure and accounting issues which have been identified as causing problems in practice when preparing financial statements under IFRS. These twenty issues have been identified based on the experience of member firms within Grant Thornton International in assisting companies apply IFRS.

Leaders across the aged care sector are recognising that traditional delivery models are no longer adequate to secure future funding and customers.

Intangible Assets in a Business Combination – Identifying and Valuing Intangibles under IFRS/AASB 3: Business Combinations (November 2013)

Late last year the ATO released guidance on the GST treatment of residential premises and commercial residential premises in the form of three new GST rulings.

Deferred tax: A Chief Financial Officer's guide to avoiding the pitfalls (February 2013)

The global economic landscape has changed considerably over the past few years with the GFC continuing to impact economies around the world. Governments are considering new reforms and legislation, whilst businesses are learning from past experiences and moving quickly to capture new opportunities and advantages.