IFRS Newsletter (March 2017)

- March 20, 2017

Welcome to IFRS Newsletter – a newsletter that offers a summary of certain developments in International Financial Reporting Standards (IFRS) along with insights into topical issues.

We begin this first edition of 2017 by considering the European Securities and Markets Authority’s recent Public Statement on the implementation of IFRS 9 Financial Instruments. The statement will be of interest to many companies inside and outside Europe as the standard’s January 1, 2018 effective date draws closer.

We then move on to look at a number of amendments that the International Accounting Standards Board (IASB) has recently made to its standards and some proposals which are in its pipeline. Further on in the newsletter, you will find IFRS-related news at Grant Thornton and a general round-up of financial reporting developments.

We finish with a summary of the implementation dates of newer standards that are not yet mandatory, and a list of IASB publications that are out for comment.

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