IFRS newsletter in English
You will find here our IFRS newsletters in English ("Beyond the GAAP"). You can also download the whole document at the bottom of the page.
IFRS newsletter - English - December 2009
The outgoing year has been marked by intensive work by the IASB. Under political pressure, many projects have been pushed ahead briskly, in particular those concerning the recognition of financial instruments. However, the adoption of the first part of IFRS 9 must not hide the fact that there is a long way to go yet before getting started on a complete replacement of IAS 39. Here 2010 will be marked by discussions on the impairment of financial instruments and on
hedge accounting.
hedge accounting.
IFRS newsletter - English - June 2009
Derecognition: the first phase in the replacement of IAS 39. The IASB has begun by examining securitisation and other transfers of financial assets.
IFRS newsletter - English - November 2009
The end of the financial reporting period is drawing near! Though the previous year has seen an IASB focus on financial instruments, European preparers will not be able to apply the first phase of the revised IAS 39 as from 31 December. The European Union has indeed decided to postpone the adoption of IFRS 9.
IFRS newsletter - English - September 2009
The financial crisis, one year on… Against this background, the G20 meeting held in Pittsburgh in late September culminated in a wish to see the accounting principles of members countries converge by June 2011.
IFRS newsletter - English - October 2009
October was a particularly busy month for the IASB: five days of ‘normal’ meetings, three days of joint meetings with the FASB, three days of meetings on the financial instruments project: a total of eleven days of meetings… a record!
IFRS newsletter - English - May 2009
With less than a month to go before June 30, it is time to prepare the interim report and to apply the standards and interpretations which came into effect on January 1, 2009.