Beyond the GAAP 97
Neither the IASB nor the FASB is planning any post-publication support activities like those carried out by the Transition Resource Group following the publication of IFRS 15. However, the IASB has created a dedicated email address that stakeholders can use to submit questions relating to practical difficulties with the implementation of IFRS 16. It is not entirely clear how the IASB will respond to these questions, or what due process will be followed. However, it is worth keeping a close eye on discussions on both sides of the Atlantic, as they may address key accounting principles relating to the implementation of IFRS 16.
Themenübersicht
Highlights
IFRS highlights
A Closer Look
Limited amendments to IAS 12: Recognition of deferred tax assets for unrealised losses