Beyond the GAAP no.166 - May 2022
As we approach the middle of the year, Beyond the GAAP presents a snapshot of the new standards and interpretations applicable from 1 January 2022 (both mandatory and optional). In addition to this overview, the progress update on the IASB’s project on primary financial statements is discussed together with recent IFRIC agenda decisions.
As promised, Beyond the GAAP will also take a closer look this month at the draft sustainability standards published by both the ISSB (one on general disclosure requirements, the other on climate-related disclosure requirements) and EFRAG (13 draft standards, including two cross-cutting standards and 11 topical standards on ESG issues). We present a comparative analysis of the main proposals in the draft standard.
Edouard Fossat Partner, President of Mazars' IFRS Committee Paris
