GAAS 8 adopted by the Accounting Standards Committee of Germany (ASCG) on 22 September 2017. Publication of the authoritative German version by the Federal Ministry of Justice and Consumer Protection under section 342(2) of the HGB on 4 December 2017.
GAAS 8 mainly amends GAS 20 Group Management Report following the new requirements according to the Implementing Act for the CSR Directive. The main amendments to GAS 20 are the new sections addressing the diversity policy and for the non-financial statement.
Also amendments to