Beyond the GAAP no.65 - March 2013
The first quarter of 2013 is coming to a quiet close – and there is even a gleam of hope in sight! At the end of its March meeting, the IASB finally decided to remove the proposed interpretation on puts on non-controlling interests from its work plan, and to review the controversial elements of IAS 32 with a view to a potential amendment.
Aside from this news, March has been a relatively quiet month – but this will be more than made up for by the action-packed months to come. The upcoming quarter will see the publication of major standards and drafts on leases, revenue recognition and insurance contracts. This is the calm before the storm!
Aside from this news, March has been a relatively quiet month – but this will be more than made up for by the action-packed months to come. The upcoming quarter will see the publication of major standards and drafts on leases, revenue recognition and insurance contracts. This is the calm before the storm!
Contents
Highlights
- IFRS
- European matters
Events and FAQ