7. March 2022

GAAS 12 published

The Federal Ministry of Justice published the German Accounting Amendment Standard No. 12 in the authoritative German version pursuant to § 342 (2) HGB in the Official Gazette “Bundesanzeiger” on 7. März 2022.

This amendment standard aims at amendments to GAS 20 Group Management Report. GAAS 12 amends GAS 20 to reflect the changes required by the Act to Supplement and Amend the Regulations for the Equal Participation of Women in Leadership Positions in the Private Sector and the Public Sector (Second Act on Leadership Positions – FüPoG II