"Beyond the GAAP" Newsletters in English
You can read here our "Beyond the GAAP" Newsletters published by Forvis Mazars in English. The purpose of these newsletters is to keep readers informed of accounting developments.
Beyond the GAAP no. 145.- June 2020
In contrast to the three previous issues, Beyond the GAAP is back to its traditional format this month, with no COVID-19 supplement. Things are getting back to normal as regards accountancy news, although it is expected that further statements will be published locally for instance on the consequences of the crisis on accounting for Stateguaranteed loans in France.
Beyond the GAAP no. 144.- May 2020
There is no doubt that the preparation of the 2020 interim accounts will be particularly difficult this year. Properly reflecting the impact of the COVID-19 crisis in the financial statements is certain to be the main subject of concern. Once again, this month’s COVID-19 supplement summarises the current issues to be taken into account, in particular the ESMA press release for listed entities.
Beyond the GAAP no. 143.- April 2020
As the COVID-19 epidemic continues to disrupt business, with significant impacts expected on 2020 financial statements, various stakeholders (most especially standard-setters) are working hard to respond to this unprecedented crisis (cf. issue no. 2 of our COVID-19 supplement).
Beyond the GAAP no. 142.- March 2020
Our last editorial touched, without wanting to believe it, on the wide repercussions we could expect from the coronavirus outbreak.
Beyond the GAAP no. 141.- February 2020
Following the announcement of the first results for 2019 in February, companies that have not yet closed their accounts need to consider the potential implications of the current coronavirus epidemic for the disclosures required in the notes on events after the reporting period in accordance with IAS 10, as some market regulators have just recalled.
Beyond the GAAP No.140.- January 2020
The year 2019 drew to a close with the publication of an exposure draft proposing significant changes to the presentation of IFRS financial statements, particularly the statement of comprehensive income. Consultations will continue in the new year, with many projects listed in the IASB’s work plan.
Beyond the GAAP No. 139.- December 2019
As the 2019 financial statements are finalised, the first-time application of IFRS 16 will have kept stakeholders on their toes right up to the last minute.
Beyond the GAAP no. 138.- November 2019
As 2019 draws to a close, we present our usual overview of applicable standards and interpretations, with IFRS 16 – Leases obviously being the key new standard for this year.
Beyond the GAAP No. 137.- October 2019
As the end of the year approaches, we’ve reached the time when European enforcers publish their recommendations for year-end financial reporting.
Beyond the GAAP no. 136.- September 2019
September saw the publication of two long-awaited decisions by the IFRS Interpretations Committee (IFRS IC).