Beyond the GAAP no. 118 - January 2018
This research has also acted as a spur to the IASB, which has followed up the EFRAG publication by issuing two presentations of its own on the contributions of IFRS standards to financial stability and long-term investment.
At the last minute, 2017 witnessed the passing of a tax reform bill in the US, which is expected to have substantial impacts - to the extent that the US accounting authorities have published some texts intended to facilitate accounting for its effects, but which ESMA says are unacceptable under IFRSs. This month’s special study describes these aspects.