13. May 2015

Draft D-GAS 32 published

The ASCG publishes today the Draft German Accounting Standard No. 32 Intangible Assets in Consolidated Financial Statements (D-GAS 32) (only in a German version). The draft is open for comment until 17 July 2015 (DRSC, Zimmerstr. 30, 10969 Berlin or info@drsc.de).

The objective of the standard is to explain and to set out the statutory requirements on accounting for intangible assets in consolidated financial statements in greater detail. Thus, a consistent application of the requirements should be achieved and the information function of consolidated financial statements should be improved.