Monthly reporting pack - August 2011 |
This document provides a “signpost” to significant accounting and reporting developments and related publications during the month, both for Irish GAAP adopters and IFRS adopters. Our document IFRS – Current Status provides a summary of new and amended standards applicable in 2011, 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.
Irish / UK GAAP Developments
- UK Govt and FRC publish discussion paper on reducing the financial reporting burden for micro-entities Press Release Discussion Paper
- Minister announces planned increase in ROI audit exemption threshold Link
- Central Bank publishes new corporate governance code for captives Link
- Central Bank issues guidelines for credit institutions and insurance undertakings on Annual Compliance Statement Link
- Central Bank publishes consultation paper on auditor protocol Link
IFRS Developments
- IASB proposes consolidation exemption for “investment entities” Press Release ED
- IASB proposes changing the mandatory effective date of IFRS 9 Press Release ED
- IASB publishes report which analyses the effect of IFRS 11 Report
- ESMA issues 11th batch of extracts from IFRS enforcement decisions Link
- IFRS Foundation publish XBRL taxonomy interim release incorporating amendments to IAS 1 and IAS 19 Link
Deloitte publications & articles
- IFRS in Focus – IASB issues request for views on agenda consultation Link
- Annual Reports – A quest for quality Link
- Insurance Accounting Newsletter - August 2011
- IFRS Industry Insights – Consolidation standard – insights for investment management industry Link
- IFRS in Focus – IASB proposes to defer effective date of IFRS 9 Link
- IFRS 9 Financial Instruments – Status update Link
- IFRS 9 Impairment and banking survey - Link
