Genius Group Limited Registration statement for securities of certain foreign private issuers

Registration statement for securities of certain foreign private issuers

RECENT ACCOUNTING PRONOUNCEMENTS (Tables)

RECENT ACCOUNTING PRONOUNCEMENTS (Tables)

12 Months Ended

Dec. 31, 2021

Dec. 31, 2020

RECENT ACCOUNTING PRONOUNCEMENTS

Schedule of recently adopted accounting standards


		Effective for periods
Standard/Interpretation		beginning on or after
Amendments to References to the Conceptual Framework in IFRS Standards		January 1, 2020
Amendments to FRS 1 and FRS 8 Definition of Material		January 1, 2020
Amendments to IFRS 3 Definition of a Business		January 1, 2020
Amendments to IFRS 9, IAS 39 and IFRS 7 Interest Rate Benchmark Reform		January 1, 2020
Amendment to IFRS 16 COVID-19 Related Rent Concessions		June 1,2020

Schedule of recent accounting standard not yet adopted


		Effective for periods
Standard/Interpretation		beginning on or after
Amendments to IFRS 3 Reference to the Conceptual Framework Relating to Business Combinations		January 1, 2022
Amendments to IAS 37 Onerous Contracts – Cost of Fulfilling a Contract		January 1, 2022
Annual Improvements to IFRS Standards 2018-2021		January 1, 2022
Amendments to IAS 16 Property, Plant and Equipment – Proceeds before Intended Use		January 1, 2022
Amendments to IAS 1 Classification of Liabilities as Current or Non-current		January 1, 2023
Amendments to IFRS 17 Insurance Contracts		January 1, 2023


		Effective for periods
Standard/Interpretation		beginning on or after
Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 Interest Rate Benchmark Reform – Phase 2		January 1, 2021
Amendments to IFRS 3 Reference to the Conceptual Framework Relating to Business Combinations		January 1, 2022
Amendments to IAS 37 Onerous Contracts – Cost of Fulfilling a Contract		January 1, 2022
Annual Improvements to IFRS Standards 2018-2020		January 1, 2022
Amendments to IAS 16 Property, Plant and Equipment – Proceeds before Intended Use		January 1, 2022
Amendments to IAS 1 Classification of Liabilities as Current or Non-current		January 1, 2023
Amendments to IFRS 17 Insurance Contracts		January 1, 2023