Beyond the GAAP no.50(English) - November 2011

The 2011 reporting date is drawing near! It is likely to be a tricky exercise, not because of the new accounting standards but because of the sovereign debt crisis. More than ever, issuers must be meticulous in their valuations and the quality and clarity of the information they publish. Meanwhile the IASB continues working on its major projects, as witnessed by the publication of the second exposure draft on revenue recognition.


  • Application of IFRS 8 in Europe
  • Macro hedging: the latest discussions
  • Financial instruments: reopening the Phase I of IFRS 9
  • The mandatory effective date of IFRS 9 will be put back to 1 January 2015
  • IASB clarifies IFRS 10 transitional provisions
  • ESMA public statement on sovereign debt in IFRS financial statements
  • Europe endorses the amendments to IFRS 7: Disclosures - Transfers of Financial Assets

A closer look

  • Standards and interpretations applicable at 31 December 2011
  • The new IASB exposure-draft on revenue recognition in 20 Q&A (Part 1)


Beyond the GAAP n°50 November 11
Beyond the GAAP n°50 November 11