The IASB confirmed the IFRIC’s tentative decision on the modification of financial liabilities under new IFRS 9. The far-reaching impact of this decision is discussed in this edition.
Important GST/HST Changes Proposed by the Department of Finance Canada for Investment Limited Partnerships
On September 8, 2017, the Department of Finance Canada released legislative proposals to amend the Excise Tax Act (ETA) to encompass Investment Limited Partnerships (ILPs).
On July 18, 2017, Minister of Finance Bill Morneau announced the launch of consultations on tax planning using private corporations. Canadians are invited to submit their comments on the government’s proposals. The deadline for interested parties to submit their comments is October 2, 2017.
The effective date of the new IFRS 9 standard on financial instruments is just around the corner while IFRIC 23, published by the IASB on June 7, clarifies the application of IAS 12 where there is an uncertainty about an income tax treatment.
This webcast training will discuss service concession arrangements with an overview of accounting under IFRS and US GAAP as well as an understanding of the financial modeling of different types of service concession arrangements.
After being in the pipeline for more than ten years, IFRS 17 has finally been approved and published by the IASB. The new standard is therefore likely to cause considerable changes, with impact varying significantly from one company to another, since it will replace the interim standard IFRS 4 that permitted insurance companies to use local accounting frameworks.
For the second time in its history, the IASB has launched a rapid-turnaround consultation that, once again, relates to financial instruments. This haste contrasts with the time spent by the standard-setter on the quality and volume of the financial information disclosed in accordance with IFRS.
The IASB proposes improvements to IFRS 8 on operating segments and addresses the principles behind disclosures in financial statements. Read the latest news about International Standards.
Mazars’ 2016 Yearbook, part of the Group’s 2015-2016 Annual Report, is a journey through topics that are of paramount importance to us: leadership and entrepreneurship. Each article can be read alone, but all are closely tied to the concept of a Modern Firm. In order to illustrate this concept, we have chosen to explore four attributes, which define a modern firm: discerning, knowledge-intensive, agile and sustainable. Join our staff, our partners, our clients and all our other guests in this journey, from Rotterdam to Shanghai via Milan and Casablanca.