洞察 - 2020年国际财务报告准则的变化

April 2020 English with Chinese Translation2020年4月中英文对照New IFRSs for 2020In depth洞察2020年国际财务报告准则的变化 2 • PwC | In depthContentsIntroductionAmended standardsNew standards4822 In depth | PwC • 3目录引言修订的准则新准则5923 4 • PwC | In depthIntroductionSince March 2019, the IASB has issued the following:•Amendments to IFRS 9, IAS 39, ‘Financial instruments’ and IFRS 7, ‘Financial instrumentsdisclosure’, Interest rate benchmark reform•Amendments to IAS 1,‘Presentation of financial statements’, Classification of liabilities.This guide summarises these amendments plus those standards, amendments and IFRICs issued previously that are effective from 1 January 2020.It is designed to be used by preparers, users and auditors of IFRS financial statements. It includes a quick reference table of each standard/amendment/interpretation categorised by the effective date, whether early adoption is permitted. The publication gives an overview of the impact of the changes, which may be significant for some entities, helping companies understand if they will be affected and to begin their considerations. It will help entities plan more effectively by flagging up where new processes and systems or more guidance may be needed. In depth | PwC • 5自2019年3月，国际会计准则理事会（IASB）发布：•对《国际财务报告准则第9号—金融工具》、《国际会计准则第39号—金融工具》及《国际财务报告准则第7号—金融工具：披露》关于利率基准改革的修订•对《国际会计准则第1号—财务报表的列报》关于负债的分类的修订。本刊扼要介绍了这些新准则、修改和国际财务报告解释公告以及过去发布并于2020年1月1日或之后生效的准则及修改。 本刊可供国际财务报告准则下的财务报表编制者、使用者和审计师使用，其中包含一份按照生效日期分类的各项准则/修订/解释公告的速查表，并标明是否允许提前采用。本刊概述了准则变动的影响（这些影响对于某些主体而言可能是重大的），将帮助公司理解其是否将受此影响，并开始考虑如何应对。本刊将通过着重提醒哪些领域需要引入新程序和系统或更多指引，以帮助主体提高制定计划的效率。引言 6 • PwC | In depthStandard/amendment/ interpretationEffective dateAdoption statusPage1 January 2020Amendments to IFRS 3, ‘Business combinations’, – Definition of a businessAnnual periods 1 Jan 2020Early adoption is permitted8Amendments to IAS 1, ‘Presentation of financial statements’, and IAS 8, ‘Accounting policies, changes in accounting estimates and errors’ – Definition of materialAnnual periods 1 Jan 2020Early adoption is permitted10Amendments to IFRS 9, IAS 39 and IFRS 17: – Interest rate benchmark reformAnnual periods 1 Jan 2020Early adoption permitted12Amendments to the Conceptual frameworkAnnual periods 1 Jan 2020Early adoption is permitted181 January 2021IFRS 17, ‘Insurance contracts’Annual periods on or after 1 Jan 2021Early adoption is permitted once IFRS 15 and IFRS 9 are applied.221 January 2022Amendments to IAS 1, ‘Presentation of financial statements’, on classification of liabilitiesAnnual periods on or after 1 Jan 2022Early adoption is permitted16 In depth | PwC • 7准则/修订/解释公告生效日期 适用情况 页码2020年1月1日对《国际财务报告准则第3号—业务合并》关于业务的定义的修订起始日在2020年1月1日或以后的年度期间允许提前采用9对《国际会计准则第1号—财务报表的列报》及《国际会计准则第8号—会计政策、会计估计变更和差错》关于“重要的”定义的修订起始日在2020年1月1日或以后的年度期间允许提前采用11对《国际财务报告准则第9号》、《国际会计准则第39号》及《国际财务报告准则第17号》关于利率基准改革的修订起始日在2020年1月1日或以后的年度期间允许提前采用13对概念框架的修订起始日在2020年1月1日或以后的年度期间允许提前采用192021年1月1日《国际财务报告准则第17号—保险合同》 起始日在2021年1月1日或以后的年度期间允许采用IFRS 15和IFRS 9的主体提前采用232022年1月1日对《国际会计准则第1号—财务报表的列报》关于负债的分类的修订起始日在2022年1月1日或以后的年度期间允许提前采用17 IssueTo be considered a business, an acquisition would have to include an input and a substantive process that together significantly contribute to the ability to create outputs. The new guidance provides a framework to evaluate when an input and a substantive process are present (including for early stage companies that have not generated outputs). To be a business without outputs, there will now need to be an organised workforce.The definition of the term 'outputs' is narrowed to focus on goods and services provided to customers, generating investment income and other income, and it excludes returns in the form of lower costs and other economic benefits. It is also no longer necessary to assess whether market participants are capable of replacing missing elements or integrating the acquired activities and assets. An entity can apply a 'concentration test' that, if met, eliminates the need for further assessment. Under this optional test, where substantially all of the fair value of gross assets acquired is concentrated in a single asset (or a group of similar assets), the assets acquired would not represent a business. ImpactThe changes to the definition of a business will likely result in more acquisitions being accounted for as asset acquisitions across all industries, particularly real estate, pharmaceutical, and oil and gas. Application of the changes would also affect the accounting for disposal transactions. Differences in accounting between business combinations and asset acquisitions include, among other things, the recognition of goodwill, recognition and measurement of contingent consideration, accounting for transaction costs, and deferred tax accounting.Effective dateAn entity shall apply these amendments to business combinations for which the acquisition date is on or after the beginning of the first annual reporting period beginning on or after1 January 2020 and to asset acquisitions that occur on or af