"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. 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).
Beyond the GAAP no. 135. July- August 2019
Following the summer break, IAS 12 – Income Taxes and IFRS 17 – Insurance Contracts are in the spotlight, with consultations on both from the IASB as well as a detailed Public Statement from ESMA, the European enforcer, on the former.
Beyond the GAAP no. 129. January 2019
With annual report season in full swing, this issue of Beyond the GAAP is a slightly quicker read than last month’s issue. However, it does contain some particularly significant news, notably a number of interesting agenda decisions published by the IFRS Interpretations Committee.
Beyond the GAAP no. 128- December 2018
Following on from last issue’s feature, which provided a general overview of standards applicable at 31 December 2018, Beyond the GAAP details, in special studies, two issues that may impact your financial statements either immediately with the first study on how to account for hyperinflation in Argentina, or more prospectively with the IASB’s latest proposals on the costs to be taken into account to determine whether a contract is onerous.
Beyond the GAAP no. 127- November 2018
Ahead of the preparation of financial statements at 31 December 2018, Beyond the GAAP summarises the standards applicable to the current year and revisits the information published by European entities on the introduction of IFRS 16 at 30 June 2018 - information which must be significantly expanded in December 2018.
Beyond the GAAP no. 126- October 2018
During October, the European legislators have endorsed interpretation IFRIC 23 – Uncertainty over Income Tax Treatments. Meanwhile, the IASB has published new short, but focused, documents.
Beyond the GAAP no. 125- September 2018
As the IASB is asked to re-examine some aspects of IFRS 17, we enter a period of uncertainty as regards both EFRAG’s work on the endorsement advice and the likely effective date of the standard. This also has implications for the deferral of IFRS 9, an alternative which many European bancassurers and insurance companies opted for. Meanwhile, the IFRS IC has published four agenda discussions; in this issue, we discuss the two relating to capitalisation of borrowing costs.