Mazars Insight

You will find here Mazars Insights - our studies as regards some International Financial Reporting Standards.

What you need to know about Joint Audit

The European Audit Reform became effective on 17 June 2016. As professionals with significant experience working within this system, we would like to present you with a guide that explains the main features of Joint Audit, its application and its associated benefits.

The areas of greatest subjectivity and interest within the IFRS financial statements of insurance groups as at 31 December 2012

For the fifth consecutive year, Mazars has carried out a detailed analysis of the largest insurance groups’ financial information. The accounts of insurance entities for the year ended 31 December 2012 were prepared against an ongoing background of economic crisis, characterised by: continuing weak growth in the major world economies; low interest rates; and persistently volatile markets.

IFRS 11 "Joint Arrangements" – Key points of the new standard in 30 Q&A

On 12 May 2011, the IASB published IFRS 11, Joint Arrangements, which cancels and replaces IAS 31, Interests in Joint Ventures. Nearly four years had therefore passed between the publication of the exposure draft ED 9 in September 2007 and the publication of the final standard. Four years during which the stakeholders tried and failed to have their voice heard by the IASB.