Beyond the GAAP no.63 - January 2013

As we move into the new year, many of us are wondering what will be the outcome of the debate over the correct accounting treatment of puts on non-controlling interests. The IFRS Interpretations Committee itself seems to have doubts as to whether changes in the value of the liability should really be recognised in profit or loss. Once again, it has asked the IASB to reconsider the issue. This seems to be the equivalent of launching a message in a bottle into the waves. Will it find a more welcoming shore than it has done previously? Only time will tell!

In Europe, ESMA has published a study on impairment testing of goodwill in 2011 IFRS financial statements. It makes several recommendations that it would like to see implemented by issuers in the 2012 financial statements (although the timing of the publication makes it short notice for issuers).

Happy reading!



  • IFRS standards                                                          
  • European matters                                                      

A Closer Look

  • ESMA calls for improvements in disclosures related to goodwill impairment  

Events and FAQ



Newsletter IFRS - January 2013
Newsletter IFRS - January 2013
Newsletter IFRS - janvier 2013
Newsletter IFRS - janvier 2013