Recent accounting developments in the December issue of the “Beyond the GAAP” Newsletter No. 84
“Beyond the GAAP” Newsletter No.84 December 2014
The new draft conceptual frameworkshould be available during the course of the first quarter,while the new standard on leases is expected at the end ofthe year.At the same time, “maintenance” work on IFRSs willcontinue. The Feedback Statement on the IFRS 3 PostImplementation Review should be published in the firsthalf of the year; this will be an occasion to see how theIASB expects to address changes to a standard that isconverged with US GAAP.