IFRS Newsletter- English- April 2015

The april edition of IFRS newsletter published by Mazars presents the most important news of the month.

As expected, following the FASB decision to defer the mandatory effective date of Topic 606, the IASB has now followed in its wake. An exposure draft will shortly be published proposing to defer the effective date of IFRS 15 to 1 January 2018. These decisions are a consequence of the work conducted in the TRG on the implementation difficulties of these twin standards, which will result in the upcoming publication of proposed amendments. The IASB has replicated the TRG model to the impairment of financial instruments. The IFRS Transition Resource Group for Impairment of Financial Instruments (ITG) held the first of its quarterly meetings in April.        

However, unlike the TRG, this discussion forum will focus exclusively on IFRSs, since the IFRS 9 model differs from the US model. It will therefore not be subject to the agenda of US regulators in reaching its decisions.

As in the case of IFRS 15, Beyond the GAAP will keep you up to date with the discussion held in this group.

In the current edition of Beyond the GAAP we summarize the latest international and European highlights and we give an overview about the main subjects discussed by the TRG on IFRS 15.

To download the whole document:


IFRS Newsletter- English- April 2015
IFRS Newsletter- English- April 2015