20. December 2019

GAAS 10 published

The Federal Ministry of Justice and Consumer Protection published the German Accounting Amendment Standard No. 10 Associates in the authoritative German version pursuant to § 342 (2) HGB in the Official Gazette “Bundesanzeiger” on 20 December 2019.

This amendment standard aims at clarifications to GAS 25 Foreign Currency Translation in Consolidated Financial Statements.

In addition, some editorial amendments to other standards are addressed. These amendments are limited to modified paragraphs in the German Securities Trading Act.