Nexia IFRS Link October 2017

IFRS link is a tech­ni­cal news­let­ter tar­ge­ted at au­di­tors/ac­coun­tants. It pro­vi­des up­dates and in­for­ma­tion re­la­ting to new stan­dards and IFRS.

CON­TENTS:

IASB

• Re­vi­sion of IFRS Frame­work com­ple­ted
• IFRS 17 “In­surance Con­tracts” publis­hed
• IASB publis­hes ex­po­sure draft on An­nual Im­pro­ve­ments to IFRS Stan­dards 2015-2017 Cy­cle
• Ex­po­sure draft on IFRS 8 “Ope­ra­ting Seg­ments” publis­hed
• Publis­hed ex­po­sure draft on IFRS 9 “Fi­nan­cial In­stru­ments”
• IASB publis­hes ex­po­sure draft on IAS 16 “Pro­perty, plant and equip­ment”
• IF­RIC 23 “Un­cer­tainty over In­come Tax Tre­at­ments” publis­hed

EU En­dor­se­ment

• EU En­dor­se­ment Sta­tus Re­port

ESMA

• ESMA is­sues re­port on the ap­pli­ca­tion of IFRS 13 “Fair Va­lue Mea­su­re­ment”
• ESMA is­sues Q & A on the Gui­de­lines on Al­ter­na­tive Per­for­mance Mea­su­res
• ESMA – En­force­ment de­ci­si­ons publis­hed