Beyond the GAAP

Mazars’ newsletter on accounting standards.
Keep up to date with international accounting with the English edition of Mazars’ Newsletter on accounting standards entitled!

Beyond the GAAP - No.144 - May 2020

Doctr'in 1600 per 500.jpg
There is no doubt that the preparation of the 2020 interim accounts will be particularly difficult this year. Properly reflecting the impact of the COVID-19 crisis in the financial statements is certain to be the main subject of concern. Once again, this month’s COVID-19 supplement summarises the current issues to be taken into account, in particular the ESMA press release for listed entities.

Read more

Beyond the GAAP - No.143 - April 2020

Doctr'in 1600 per 500.jpg
As the COVID-19 epidemic continues to disrupt business, with significant impacts expected on 2020 financial statements, various stakeholders (most especially standard-setters) are working hard to respond to this unprecedented crisis (cf. issue no. 2 of our COVID-19 supplement).

Read more

Beyond the GAAP - No.142 - March 2020

Webinar Apr 21 - 1
Our last editorial touched, without wanting to believe it, on the wide repercussions we could expect from the coronavirus outbreak.

Read more

Beyond the GAAP - No.141 - February 2020

AOS 3 1600 per 500px.jpg
Following the announcement of the first results for 2019 in February, companies that have not yet closed their accounts need to consider the potential implications of the current coronavirus epidemic for the disclosures required in the notes on events after the reporting period in accordance with IAS 10, as some market regulators have just recalled.

Read more

Beyond the GAAP - No.140 - January 2020

AOS 4 1600 per 500px.jpg
The year 2019 drew to a close with the publication of an exposure draft proposing significant changes to the presentation of IFRS financial statements, particularly the statement of comprehensive income. Consultations will continue in the new year, with many projects listed in the IASB’s work plan.

Read more

Beyond the GAAP - No.138 - November 2019

Newsletter 1 1600 per 500px.jpg
As 2019 draws to a close, we present our usual overview of applicable standards and interpretations, with IFRS 16 – Leases obviously being the key new standard for this year.

Read more

Beyond the GAAP - No.137 - October 2019

Innovation 3 1600 per 500px.jpg
As the end of the year approaches, we’ve reached the time when European enforcers publish their recommendations for year-end financial reporting.

Read more

Beyond the GAAP No.136 - SEPTEMBER 2019

Innovation 3 1600 per 500px.jpg
September saw the publication of two long-awaited decisions by the IFRS Interpretations Committee. This, therefore, seemed the ideal time to present our study of information on the impacts of initial application of IFRIC 23.

Read more

Beyond the GAAP - No.139 - December 2019

Innovation 1 1600 per 500px.jpg
As the 2019 financial statements are finalised, the first-time application of IFRS 16 will have kept stakeholders on their toes right up to the last minute. This is because the IFRS Interpretations Committee did not officially clarify until 16 December how the term of certain leases should be determined.

Read more

Beyond the GAAP No.135 - Jul & Aug 2019

Doctr'in 1600 per 500.jpg
Following the summer break, IAS 12 – Income Taxes and IFRS 17 – Insurance Contracts are in the spotlight, with consultations on both from the IASB as well as a detailed Public Statement from ESMA, the European enforcer, on the former.

Read more