IFRS news: December 2018
This issue discusses the expected impact of IFRS 16, accounting considerations for Venezuelan entities, and more.
Our latest research and insights: Accounting and reporting
IFRS news: November 2018
This issue discusses IASB's definition of business in IFRS 3, amendments to IAS 1 and IAS 8, IASB agreement on criteria for evaluating any future potential amendments to IFRS 17, and more.
IFRS news, October 2018
This issue discusses hedge accounting, cryptographic assets and related transactions and more.
Enough is enough: why companies are streamlining their financial statements
Streamlined financial reporting is the right idea at the right time. With concerns of non-compliance prompting companies to include more and more information, readers are finding it harder and harder to find what they need and get a clear picture of companies’ performance.
Discontinuation of LIBOR – are you ready?
In July 2017 it was announced that LIBOR will be phased out by 2021. Because globally securities of more than $350 trillion are based on the LIBOR reference rate, its discontinuation will be a paradigm shift in the financial industry impacting the whole value chain of banks from retail to treasury to trading. Market participants should adapt to those upcoming changes in an early stage to be prepared and benefit from the new market environment.
Swiss GAAP FER checklist for consolidated and stand-alone financial statements
Swiss GAAP FER is a recognised financial reporting standard in Switzerland according to art. 962 Swiss Code of Obligation. This checklist allows users to review the completeness of the disclosures in the financial statements prepared according to Swiss GAAP FER. It covers all requirements of the currently applicable Swiss GAAP FER standards (status 10 December 2014).
