Beyond the GAAP - December 2017

2017 ended fairly quietly, since the European Commission had already endorsed several texts in November and the IASB’s December meeting decided to postpone publication of most of its texts and draft texts, with the exception of the annual improvements to IFRSs, which we discuss in this month’s ‘A closer look’ study. This being the case, the implementation of IFRS 9 and IFRS 15 in January 2018 will be more than enough to keep entities and their auditors busy, on top of the preparation of the 2017 financial statements.

This month’s crossword reviews the year’s accounting events! We’d like to take this opportunity to wish you a Happy New Year and a smooth passage to the new standards on behalf of all the team of columnists at Beyond the GAAP!

A closer look

  • IASB publishes Improvements to IFRSs – 2015-2017 Cycle

Enjoy your reading!

Joeri Galas and Ron Horsmans


Beyond the GAAP - December 2017.pdf
Beyond the GAAP - December 2017.pdf