archive-com.com » COM » I » IASPLUS.COM

Total: 1447

Choose link from "Titles, links and description words view":

Or switch to "Titles and links view".
  • IFRS in Focus-Newsletter zu den Änderungen an IAS 7
    englischer Sprache Robert Bruce Interviews Stellungnahmen von Deloitte IASB Stellungnahmen von Deloitte Anderweitige IFRS e Learning Publikationen von Deloitte Großbritannien Publikationen von Deloitte Deutschland Publikationen von Deloitte Kanada Publikationen von Deloitte Schweiz Publikationen von Deloitte Südafrika Publikationen von Deloitte USA Publikationen von weiteren Deloitte Mitgliedsfirmen Sonstige Veröffentlichungen Info IFRS in Focus Newsletter zu den Änderungen an IAS 7 Veröffentlicht am 01 02 2016 Der IASB hat am 29 Januar 2016 Änderungen an IAS 7 Kapitalflussrechnungen veröffentlicht Die Änderungen zielen darauf ab IAS 7 klarzustellen und die Informationen zu verbessern die Abschlussadressaten in Bezug auf die Finanzierungstätigkeiten eines Unternehmens zur Verfügung gestellt werden In diesem Newsletter des IFRS Global Office von Deloitte werden die neuen Vorschriften erläutert Download Zugehörige Themen Publikationsreihe IFRS in Focus Ressourcen IASB Projekte Angabeninitiative Überleitung von Schulden aus Finanzierungstätigkeiten Standards IAS 7 Zugehörige Nachrichten Rotes Buch 2016 erscheint im März 09 02 2016 DRSC Stellungnahme zu den vorgeschlagenen Änderungen an IFRS 4 in Bezug auf IFRS 9 09 02 2016 Reaktionen auf die vorgeschlagenen Änderungen mit denen Bedenken in Bezug auf die unterschiedliche Zeitpunkte des Inkrafttretens von IFRS 9 und dem neuen Standard zu Versicherungen adressiert werden sollen 08 02 2016 Wir nehmen Stellung zu den vorgeschlagenen Änderungen an IFRS 4 in Bezug auf IFRS 9 08 02 2016 FEE Papier zu Fragen zur Übernahme von IFRS 9 08 02 2016 Neuer IFRS Leasingstandard für mehr Transparenz 08 02 2016 Alle zugehörigen Zugehörige Publikationen Stellungnahme von Deloitte zu den vorgeschlagenen Änderungen an IFRS 4 in Bezug auf IFRS 9 08 02 2016 Neuer IFRS Leasingstandard für mehr Transparenz 08 02 2016 Stand der Übernahme der IFRS in Europa 01 02 2016 EFRAG Bericht zum Status des Übernahmeprozesses 29 Januar 2016 01 02 2016 Alle zugehörigen Zugehörige Diskussionen Angabeninitiative Überprüfung der Angabevorschriften auf Standardebene und Änderungen an IAS

    Original URL path: http://www.iasplus.com/de/publications/global/ifrs-in-focus/2016/ias-7-amendments?set_language=de (2016-02-10)
    Open archived version from archive


  • 2016
    The full functionality of our site is not supported on your browser version or you may have compatibility mode selected Please turn off compatibility mode upgrade your browser to at least Internet Explorer 9 or try using another browser such as Google Chrome or Mozilla Firefox IAS Plus IAS plus Canada English Global English Global Deutsch Canada English Canada Français United Kingdom English United States English Welcome My account Logout IAS Plus Canada English Global English Global Deutsch Canada English Canada Français United Kingdom English United States English Toggle navigation Search site Toggle navigation Home About CFR News Publications Standards Projects Resources Toggle navigation Search site Info 2016 Contact us Acknowledgment About CFR Legal Privacy Material on this website is 2015 Deloitte Global Services Limited or a member firm of Deloitte Touche Tohmatsu Limited or one of their related entities See Legal for additional copyright and other legal information Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited a UK private company limited by guarantee DTTL its network of member firms and their related entities DTTL and each of its member firms are legally separate and independent entities DTTL also referred to as Deloitte Global does not provide

    Original URL path: http://www.iasplus.com/en-ca/publications/ifrs-in-focus/2016?set_language=en-ca (2016-02-10)
    Open archived version from archive

  • IFRS in Focus
    have compatibility mode selected Please turn off compatibility mode upgrade your browser to at least Internet Explorer 9 or try using another browser such as Google Chrome or Mozilla Firefox IAS Plus IAS plus United Kingdom English Global English Global Deutsch Canada English Canada Français United Kingdom English United States English Login or Register Deloitte User Login Login Name Password Login Register Forgot password Welcome My account Logout IAS Plus United Kingdom English Global English Global Deutsch Canada English Canada Français United Kingdom English United States English Toggle navigation Search site Toggle navigation Home News Publications Standards Governance Other regulatory Projects Resources Customise Topics Communications Toggle navigation Search site Info IFRS in Focus About Contact us FAQs Legal Privacy Material on this website is 2015 Deloitte Global Services Limited or a member firm of Deloitte Touche Tohmatsu Limited or one of their related entities See Legal for additional copyright and other legal information Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited a UK private company limited by guarantee DTTL its network of member firms and their related entities DTTL and each of its member firms are legally separate and independent entities DTTL also referred to as Deloitte

    Original URL path: http://www.iasplus.com/en-gb/publications/global/ifrs-in-focus?set_language=en-gb (2016-02-10)
    Open archived version from archive

  • Disclosure initiative: Standards-level review of disclosures and amendments to IAS 7
    the disclosure objectives should be more specific to the standard rather than boiler plate The Chairman also pointed out that he did not expect that the Practice Statement on Materiality would solve on its own the existing issues regarding the application of materiality There was also discussion regarding the proposal that the drafting guide would be a living document and that it would be available to the public The concerns expressed were related to i the need to permanently update the document and explain the changes ii whether users would expect the Board to explain how they were applying the guidance on each new standard iii whether it would be more useful to set target dates for updating the document instead of using the term live or whether it should be informally tested first before going public and iv even though the document would not be open for comments it would still be necessary to obtain informal feedback In relation to the content of the guidance it was suggested that the staff should not start from zero rather they should start analysing existing guidance that could be available from standard setters and regulators During the discussion it was suggested that in future Exposure Drafts the Board could add specific questions to get feedback on the language being used and to take advantage of the upcoming PIR on IFRS 12 and 13 to get feedback on the disclosure requirements of those standards The staff also clarified that the work already done by the New Zealand standard setter will be useful in developing the guide and they will analyse the feedback obtained and see whether it will help this project Amendments to IAS 7 Sweep issues Agenda paper 11B The objective of this session was to discuss sweep issues identified by the staff during the review of the pre ballot draft The staff concluded that the proposed amendments should not be re exposed given that the issues identified were very narrow And further the effective date should remain as 1 January 2017 The staff expected to issue a ballot draft after the meeting The issues identified and the staff proposals were as follows Additional and supplementary information The pre ballot draft stated that an entity may disclosure supplementary information the feedback received indicated that it was not clear how an entity could distinguish supplemental from mandatory information and what information could be included as supplemental The staff agreed with these concerns and proposed to remove these recommendations from the text of IAS 7 but retained them in the Basis for Conclusions The need to disclose a reconciliation The pre ballot draft stated that an entity may provide a reconciliation to achieve the disclosure objective of the standard The feedback received indicated that it was not clear as to whether a reconciliation should be provided because it seemed contradictory with the fact that the amendments also proposed a minimum content of the reconciliation The staff agreed with these concerns and proposed to redraft

    Original URL path: http://www.iasplus.com/en/meeting-notes/iasb/2015/december/di-standards-level-review-of-disclosures (2016-02-10)
    Open archived version from archive

  • Disclosure initiative
    discussion several Board members raised concerns about the lack of clarity of the proposed wording to amend IAS 7 see paragraph 9 of the agenda paper The concerns were related to i the wording was not operational ii it was not clear what type of costs should be considered because every single transaction carried costs iii the analysis did not focus on causes and effects regarding cash disincentives and iv a more extended fatal flaw process was needed Several Board members were concerned making continual changes to IAS 1 or IAS 7 The Board therefore agreed that before deciding when or how to complete the project they will assess the feedback they receive on the Agenda Consultation Request for Views That feedback will be discussed by the Board in the first half of 2016 Principles of Disclosure Discussion Paper See Agenda Paper 11A In relation to the broader principles of disclosure Discussion Paper DP the staff set out the due process steps completed so far and recommended that the IASB gave the staff permission to move to the more formal review and approval of the discussion paper balloting The staff confirmed that the DP would cover a Content of a general disclosure standard b Components of financial statements c improvements to the principles of disclosure d Disclosure of accounting policies e Non IFRS information f drafting disclosure requirement and g implications of the improvement proposals The staff recommended that the DP be open for comment for 120 days IASB discussion and decision The Board approved the staff recommendations with the amendment that the comment period would be of 150 days instead of 120 as originally suggested The change was due to concerns expressed by some Board members during the discussion due to i the importance of the project and ii the additional work that would be required to translate the document for non English speaking countries During the discussion the staff gave an indication as to the approximate extent of the document saying that it could be approximately 120 pages in length Amendments to IAS 7 The IASB considered the feedback on its proposals to amend IAS 7 Liabilities reconciliation see Agenda paper 11C In September the IASB decided to finalise the amendments requiring an entity to present a reconciliation of liabilities At this meeting the staff recommended that the effective date of the amendments to be 1 January 2017 The IASB was also asked to confirm that it was satisfied with the due process steps it had taken IASB discussion and decision The majority of Board members approved the staff recommendations with the exception of the transition provisions Given concerns raised during the discussion that 2017 would be too early to implement the requirement to present comparative information the Board decided that the transition provisions would not require comparative information in the year of implementation There were two Board members that indicated that they would dissent They expressed concerns related to i the information would not be useful because

    Original URL path: http://www.iasplus.com/en/meeting-notes/iasb/2015/october/disclosure-initiative (2016-02-10)
    Open archived version from archive

  • Disclosure initiative — Amendments to IAS 7
    The following concerns were raised It would be difficult to conceptualise the definition of what a financial institution was the wording as to how entities could explain that they were meeting the disclosure objective would be critical Some Board members questioned the conclusion of the staff that the reconciliation was less relevant for financial institutions For example one Board member said that financial institutions already provide roll forward information for pension liabilities he said that it would be important to think fundamentally how financial institutions report he said that the proposed debt reconciliation would only provide partial information from what was needed from financial institutions other Board members agreed with his concern there were concerns in relation to how materiality would apply if for example the information was not considered useful as suggested by the European Banking association and accordingly it should not be provided on the basis that it was not material The Project manager responded that IAS 1 already provided guidance to assess materiality to which one Board member responded that it would be very difficult to enforce there were concerns that the fundamental problem was about the cash flow statement and a narrow scope amendment would not solve the problem on the contrary one Board member indicated that this project was not related to the cash flow statement the only connection was that the items to be disclosed in the reconciliation were defined in the cash flow statement The Vice Chairman called to vote and 10 Board members approved questions 2 and 3 related to the staff recommendations for financial institutions As a consequence there will not be an exception for financial institutions However the disclosure requirement will be flexible allowing financial institutions to adapt their disclosures to meet the objective The Project manager introduced question 4 of the agenda paper which discussed about the staff analysis on the cost benefit of the proposed amendment No significant comments were made The Vice Chairman called to vote and 11 Board members approved the staff analysis The Project manager introduced question 5 of the agenda paper which discussed the staff proposal PM to add an illustrative example in IAS 7 No comments were made The Project manager then discussed question 6 of the agenda paper which related to the IFRS taxonomy anticipated common practice He said that the staff recommended not including additional anticipated common practice elements in the IFRS Taxonomy for the amendments to IAS 7 The Vice Chairman said that based on the staff analysis it would be more convenient in future project to have the taxonomy discussion separately No other significant comment was made The Vice Chairman then called to vote and 10 Board members agreed with the staff recommendation Agenda paper 11E Disclosure Initiative IAS 7 amendments Cash restrictions disincentives The Project manager introduced the agenda paper He said that the agenda paper analysed the feedback on the proposal about cash restrictions He said that the feedback received raised concerns about the proposed amendments He

    Original URL path: http://www.iasplus.com/en/meeting-notes/iasb/2015/september/ias7 (2016-02-10)
    Open archived version from archive

  • EFRAG endorsement status report 29 January 2016
    Third party publications Conceptual Framework bulletins EFRAG endorsement status reports Accounting research papers Miscellaneous IFRS e learning Info EFRAG endorsement status report 29 January 2016 Published on 01 Feb 2016 This endorsement status report update reflects the issuance of amendments to IAS 7 Statement of Cash Flows by the IASB on 29 January 2016 Endorsement is currently expected in the fourth quarter of 2016 Download Related Topics Publication series EFRAG endorsement status reports Resources EFRAG IFRS endorsement status reports European Financial Reporting Advisory Group EFRAG IASB finalised pronouncements Standards IAS 7 Statement of Cash Flows Related news 2016 IFRS Red Book coming in March 09 Feb 2016 EU endorsement of IFRS 9 now expected in the second half of 2016 04 Feb 2016 IASB finalises amendments to IAS 7 under its disclosure initiative 29 Jan 2016 IASB finalises amendments regarding the recognition of deferred tax assets for unrealised losses 19 Jan 2016 IASB issues new leasing standard 13 Jan 2016 EFRAG publishes summary report for its Conceptual Framework outreach event in Brussels 12 Jan 2016 All Related Related Publications EFRAG endorsement status report 3 February 2016 04 Feb 2016 IFRS in Focus IASB issues amendments to IAS 7 Statement of Cash Flows requiring disclosure of changes in liabilities arising from financing activities 01 Feb 2016 IFRS industry insights Telecommunications sector Implications of the new leasing standard 21 Jan 2016 EFRAG endorsement status report 19 January 2016 20 Jan 2016 All Related Related Discussions Disclosure initiative Amendments to IAS 7 22 Sep 2015 IFRS Taxonomy education session 22 Jul 2015 Disclosure initative 16 Dec 2014 Disclosure initiative 24 Oct 2014 All Related Related Dates Effective date of the 2016 disclosure initiative amendments to IAS 7 01 Jan 2017 Effective date of the 2015 amendments to the IFRS for SMEs 01 Jan

    Original URL path: http://www.iasplus.com/en/publications/efrag/2016/29-january-2016?set_language=en (2016-02-10)
    Open archived version from archive

  • IASB finalises amendments regarding the recognition of deferred tax assets for unrealised losses
    of some clarifying paragraphs and an illustrating example Background The proposals in ED 2012 1 Annual Improvements to IFRSs 2010 2012 Cycle included proposals to amend IAS 12 Income Taxes to clarify when a deferred tax asset should be recognised for unrealised losses However in response to constituent feedback on the proposals the IASB decided that the accounting for deferred tax assets for unrealised losses on debt instruments should be clarified by a separate narrow scope project to amend IAS 12 Changes The amendments in Recognition of Deferred Tax Assets for Unrealised Losses clarify the following aspects Unrealised losses on debt instruments measured at fair value and measured at cost for tax purposes give rise to a deductible temporary difference regardless of whether the debt instrument s holder expects to recover the carrying amount of the debt instrument by sale or by use The carrying amount of an asset does not limit the estimation of probable future taxable profits Estimates for future taxable profits exclude tax deductions resulting from the reversal of deductible temporary differences An entity assesses a deferred tax asset in combination with other deferred tax assets Where tax law restricts the utilisation of tax losses an entity would assess a deferred tax asset in combination with other deferred tax assets of the same type Transition requirements and effective date The amendments are effective for annual periods beginning on or after 1 January 2017 Earlier application is permitted As transition relief an entity may recognise the change in the opening equity of the earliest comparative period in opening retained earnings on initial application without allocating the change between opening retained earnings and other components of equity The Board has not added additional transition relief for first time adopters Additional information Please click for IASB press release link to IASB website Access to the amendments link to IASB website IFRS in Focus newsletter Our IAS Plus project page on IAS 12 Recognition of deferred tax assets for unrealised losses Related Topics Resources IASB finalised pronouncements International Accounting Standards Board IASB Projects IAS 12 Recognition of deferred tax assets for unrealised losses Standards IAS 12 Income Taxes Related news Pre meeting summaries for the February IASB meeting 09 Feb 2016 2016 IFRS Red Book coming in March 09 Feb 2016 Reactions to the proposed amendments intended to address concerns about the different effective dates of IFRS 9 and the forthcoming new insurance contracts standard 08 Feb 2016 We comment on the IASB s proposed amendments to IFRS 4 08 Feb 2016 FEE briefing paper on the endorsement of IFRS 9 08 Feb 2016 February 2016 IASB meeting agenda posted 05 Feb 2016 All Related Related Publications Deloitte comment letter on proposed amendments to IFRS 4 08 Feb 2016 IFRS in Focus IASB issues amendments to IAS 7 Statement of Cash Flows requiring disclosure of changes in liabilities arising from financing activities 01 Feb 2016 EFRAG endorsement status report 29 January 2016 01 Feb 2016 Deloitte comment letter on the IASB

    Original URL path: http://www.iasplus.com/en/news/2016/01/ias-12 (2016-02-10)
    Open archived version from archive



  •