Monthly reporting pack - February 2013 |
This section provides a “signpost” to significant accounting and reporting developments and related publications during February 2013, both for Irish GAAP adopters and IFRS adopters.
Irish / UK developments
- Chartered Accountants Ireland and CCAB-I issue IS 01/2013 “Criminal Justice Act 2011 – Reporting implications for members in Practice and in Business”
- Financial Reporting Lab report on “Presentation of Market Risk Disclosures” | Report
International developments
- IASB updates work plan
- IASB proposes urgent amendments to hedge accounting under IAS 39 and IFRS 9 | ED
- IVSC consults on improvements to valuation standards
- IVSC consults on valuation of financial liabilities
- IFRS Foundation updates training modules on IFRS for SMEs
- EFRAG and FRC publish feedback statement on income tax discussion paper | Feedback Statement
- EFRAG and national standard setters publish strategy on revision of the IFRS conceptual framework
- FEE publishes analysis of combined and carve out financial statements
- IFRS Foundation Trustees publish revised Due Process Handbook
- ESMA publishes a feedback statement to its Consultation Paper on Materiality
Regulatory and related developments
- Central Bank publishes its enforcement priorities for 2013
- Central Bank publishes draft amended AIF (Alternative Investment Fund) Handbook and feedback statement | Feedback Statement
Deloitte publications and articles
- Global adoption of IFRS – Turbulent Times
- IFRS in Focus – Proposed amendments to IFRS 10 and IAS 28 regarding the sale or contribution of assets by an investor to its associate/ joint venture
- IFRS in Focus – Proposed limited scope amendments to IAS 36
- IFRS in Focus – Proposed limited scope amendments to IFRS 11
- A closer look – Fair value measurement of financial instruments under IFRS 13
More insight
Our document Reporting new IFRS requirements to the Board of Directors/Audit Committee provides a summary of new and amended standards already applicable, an insight into those not yet mandatorily applicable, and proposed future developments.
We encourage you to refer to our Global Firm website, www.iasplus.com, which provides a world-leading continuously updated information source on international financial reporting developments.
