Beyond the GAAP no. 75 - February 2014

The IASB published an update of its work plan on 25 February. According to this document, March 2014 should see the publication of the Discussion Paper on macro hedging and the draft amendment to IAS 1 resulting from the Disclosure Initiative. These two publications are eagerly awaited by stakeholders. Let us hope that they are not a disappointment!

In other news, nearly three years after publication of IFRS 13, and following its first mandatory application in 2013, the IFRS Foundation and the International Valuation Standards Council (IVSC) have announced the signature of a protocol for cooperation on standards and guidance for fair value measurement. This protocol, signed by Sir David Tweedie as president of the IVSC, may help to erase the differences between the two sets of standards which were highlighted when IFRS 13 was published.


Index - February 2014
Beyond the GAAP No. 75 - February 2014