18. February 2016
The International Forum of Accounting Standard Setters (IFASS) has elected Ms Liesel Knorr, former president of the Accounting Standards Committee of Germany (ASCG), as Chair-designate. Standard setters representing 37 jurisdictions... Read more
17. February 2016
Today, the ASCG has submitted its comment letter regarding the Exposure Draft ED/2015/8 IFRS Practice Statement: Application of Materiality to Financial Statements to the IASB as well as to EFRAG... Read more
12. February 2016
The results of the Technical Committee meetings in February are available for download: – 27th meeting of the German GAAP Technical Committee meeting on 4th February – 46th meeting of... Read more
9. February 2016
Yesterday, the ASCG submitted its comment letter on the ED/2015/11 Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts to the IASB. The ASCG agrees that there should be... Read more
9. February 2016
It is planned to adopt the German Amendment Accounting Standard No. 6 (GAAS 6) in the 24th public meeting of the ASCG. The public meeting will be held on 29... Read more
8. February 2016
The ASCG publishes today the Draft German Amendment Accounting Standard No. 7 (D-GAAS 7) (only in a German version). The draft amends GAS 16 Interim Financial Reporting for changes in... Read more
3. February 2016
Today, the ASCG submitted its comment letter to the IFRS Foundation on the Trustees’ Invitation to Comment on the IFRS Taxonomy™ Due Process, published 4 November 2015. In the ASCG’s... Read more
29. January 2016
As part of its Disclosure Initiative, the IASB issued amendments to IAS 7 Statement of Cash Flows today. The main purpose of the amendments is to provide additional notes disclosure... Read more
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