Beyond the GAAP 151
2021 opens with a relatively stable IFRS framework in which to prepare the consolidated financial statements for this financial year, given the limited number and scope of the standards coming into force on 1 January.
Beyond the GAAP
Insights
Beyond the GAAP
Mazars’ newsletter on accounting standards.
Beyond the GAAP 148
Since the beginning, our mission for Beyond the GAAP has been to keep you informed of accounting developments and to provide clarification and insight, in an environment where changes to accounting frameworks and regulators’ activities require constant vigilance from businesses and their auditors
Beyond the GAAP 147
Now that the pace of accounting standardisation has slowed down a little, and pending the IASB’s feedback (expected by the end of the year) on the 200-odd comment letters received in response to the exposure draft on the presentation of financial statements, this month’s edition of Beyond the GAAP turns to news about the non-financial reporting in relation with environmental, social and...
Beyond the GAAP 146
Unsurprisingly, the financial statements at 30 June 2020 that have been published to date reflect the significant impact of the COVID-19 crisis on companies’ financial positions.
Beyond the GAAP 144 Covid - 19
As the first major financial reporting deadline for 2020 draws near, the COVID-19 epidemic seems to be slowing – at least in some parts of the world. However, there is still a high level of uncertainty, meaning it will be tricky to make judgements, calculate estimates, and identify assumptions to be used. Drawing up the interim financial statements for 2020 will therefore be something of a...
Beyond the GAAP 144
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.
Beyond the GAAP 143 Covid-19
Almost two months after the WHO declared the COVID-19 epidemic a pandemic, and while lockdown measures and other government decisions seek to provide answers to the health and economic crisis unfolding before our eyes, the business impacts of the disease are already very significant.
Beyond the GAAP 143
As the COVID-19 epidemic continues to disrupt business, with significant impacts expected on 2020 financial statements, various stakeholders (most especially standardsetters)are working hard to respond to this unprecedented crisis (cf. issue no. 2 of our COVID-19 supplement).
Beyond the GAAP 142 Covid-19
As the world faces an exceptionally severe crisis, Mazars’ experts are busier than ever, ensuring that we are still here to help you with the range of accounting challenges thrown up by the COVID-19 outbreak.
Beyond the GAAP 142
Our last editorial touched, without wanting to believe it, on the wide repercussions we could expect from the coronavirus outbreak.
Beyond the GAAP 139
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.
Beyond the GAAP 138
As 2019 draws to a close, we present our usual overview ofapplicable standards and interpretations, with IFRS 16 – Leases obviously being the key new standard for this year.
Beyond the GAAP 137
As the end of the year approaches, we’ve reached the time when European enforcers publish their recommendations for year-end financial reporting.