IFRS Newsletters

IFRS Newsletter No. 03 – 2020

Since the beginning, our mission with our IFRS Newsletter has been to keep you informed of accounting developments and to provide clarification and insight, in an environment where changes to accounting frameworks and regulatory authorities’ activities require constant vigilance from businesses and their auditors.
The launch of our new brand provides an opportunity for us to renew our commitment to this mission, as we present the new visual identity for Mazars and our IFRS Newsletter.
In this issue, we present, among other topics, recommendations from the regulatory authorities for the 2020 financial reporting. Unsurprisingly, the key messages once again relate to the quality of financial information during the ongoing public health and economic crisis.

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IFRS Newsletter No. 02 – 2020

Consultations will continue in 2020, with many projects listed in the IASB’s work plan.
The full economic and accounting repercussions of the crisis linked to the COVID-19 outbreak are not yet known, but meanwhile, the IBOR Reform of benchmark rates will soon come into effect.
While the crisis is absorbing a good deal of energy, the IASB has so far made only minor adjustments to its calendar and work plan.

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IFRS Newsletter No. 01 – 2021

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While 2020 has required a lot of work on the accounting impact of the public health crisis, most companies are now done with the upheaval resulting from the implementation of new standards, although IFRS 16 remains an enforcement priority.

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IFRS Newsletter No. 01 – 2020

As usual, we present our overview of applicable standards and interpretations, with IFRS 16, Leases obviously being the key new standard for 2019.

The IFRS Interpretations Committee has finally confirmed its decision on determining the lease term under IFRS 16.

The publication of a major new IASB exposure draft on the presentation of financial statements is sure to be a lively discussion topic in the months to come.

We wish you an excellent 2020!


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IFRS Newsletter No. 07 – 2019

IAS 12, Income Taxes and IFRS 17, Insurance Contracts are in the spotlight, with consultations from the IASB.

If the IASB’s schedule is to be trusted, the final quarter will see the publication of further consultations, dealing with major issues.

September saw the publication of two long-awaited decisions by the IFRS Interpretations Committee (IFRIC).

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IFRS Newsletter No. 06 – 2019

Before a well-earned summer break, it may be worth taking a look at the IFRIC’s agenda decisions on IFRS 15, IFRS 16 and cryptocurrencies.

Last but certainly not least, do not forget to read our Closer Look on the IASB’s proposals to prepare for the interest rate benchmark reform. The consultation period may be over, but there will be lively discussions after the holidays!

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IFRS Newsletter No. 05 – 2019

In this edition of our IFRS Newsletter, we take the opportunity to give you an update on the texts expected between now and the end of the year, and to remind us that after the calm will come the storm, if we can describe that way the nine exposure drafts expected to be issued.

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IFRS Newsletter No. 01 – 2016

This Newsletter has been created to inform you on the latest IFRS updates and provides a detailed analysis to help you absorb the technical challenges related to the implementation of IFRS 16, the new standard on leases.

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IFRS Newsletter No. 02 – 2018

In this issue, we explore the key features of the final text of the new IFRS Conceptual Framework, discussed the disclosures in the financial statements under IFRS 9, provided an overview of the effective dates for the standards and amendments which are applicable as at January 1, 2018, and summarize the FICE Discussion Paper published this year by the IASB.

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IFRS Newsletter No. 01 – 2018

The year 2017 ended with the signing of the U.S. tax reform bill. After a fairly quiet start of the year in terms of IFRS developments, a series of topics were addressed in March. Also, let’s not forget that on January 1 2018, IFRS 9 and IFRS 15 came into effect!

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