Beyond the GAAP - October 2013 issue

After 8 years of good and loyal service, Beyond the GAAP adopts the colours of the new Mazars visual identity. Although this new presentation has changed, you will find all the usual features in this edition. We will continue to provide a monthly summary of news about European and international accounting standards in a simple accessible manner and without bias.

This month, we have decided to provide an update on the future standard on insurance contracts, IFRS 4 phase II. We have done our best to make it accessible; it is up to you to tell us if we have succeeded!

Highlights

IFRS Standards

IFRS 7 - Transfers of financial assets: an amendment on servicing arrangements
Macro-hedging: publication of the Discussion Paper due soon
IAS 19 - Discount rates on post-employment benefits

A closer look

Impairment of financial assets (Phase II of IFRS 9) – IASB clarifies some concepts of the recent exposure draft
Revenue Recognition: the broad principles of the future standard are known
Insurance contracts project IFRS 4 phase II - latest developments

Document

Beyond the GAAP, October 2013 issue

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