New accounting framework for Irish companies
Read our April 2013 financial reporting brief for details on the most significant development in accounting of our generation
Revised proposals on accounting for leases and insurance contracts
Read our July 2013 financial reporting brief for commentary on accounting and regulatory developments during the second quarter of 2013
Financial Reporting Brief
Read accounting and regulatory updates: Q4 2013
The final quarter of 2013 has seen the publication of the new international hedge accounting standard; there has also been comment on corporate reporting and disclosure and progress on guidance in relation to corporate governance.
The International Accounting Standards Boards (IASB) has published the general hedge accounting chapter of IFRS 9. It has also published an amendment to IAS 19 on employee contributions, a draft of proposed amendments to IFRS for SMEs and changes proposed as part of the annual improvements projects.
This Brief comments on accounting and regulatory developments during the final quarter of 2013. For details on these issues and more, download the January 2014 edition of the financial reporting brief.