Beyond the GAAP no.55 - April 2012

Financial instruments were in the spotlight in April! The two Boards continued their progress on the proposed “expected loss” impairment model for financial assets (Phase II of IFRS 9/Impairment), and in particular clarified how the expected loss estimate should be determined. The Boards also reached an agreement on the definition of a business model which would permit measuring financial assets at amortised cost, and on bifurcation of embedded derivatives (Reopening of Phase I of IFRS 9/ Classification and measurement).

At the beginning of May, the IASB published an exposure draft of proposed amendments to eleven IFRSs under its Annual Improvements project (cycle 2010-2012). The comment period is open until 5 September 2012.

Enjoy your reading!


  • Highlights
    • IFRS                                                                                        
    • Europe                                                                                
  • A Closer Look
    • IFRS 9: the two Boards make progress on impairment, classification and measurement 
  • Events and FAQs


Newsletter IFRS - April 2012
Newsletter IFRS - April 2012