Beyond the GAAP 134

The half-yearly financial statements stand between you and your well-earned summer break, so it may be worth taking a look at the IFRS IC’s agenda decisions on IFRS 15, IFRS 16 and cryptocurrencies. After that, you could take our crossword away with you - a light-hearted edition that brings the series to a close.

Last but certainly not least, don’t forget to read our special study on the IASB’s proposals to prepare for the interest rate benchmark reform. The consultation period may be over, but there will be lively discussions after the holidays!



  • IFRS highlights
  • European highlights
  • Crossword

A Closer Look

  • Reform of interbank interest rate benchmarks: proposed amendments to IAS 39 and IFRS 9 on affected hedging relationships

Events and FAQ


 Die Forderung nach mehr Transparenz und Informationsgehalt der Jahres- und Konzernabschlüsse hat zunehmend zu einer internationalen Harmonisierung der Rechnungslegung geführt. Seit 2005 sind kapitalmarktorientierte Unternehmen verpflichtet, ihren Konzernabschluss nach IFRS aufzustellen.

Conversion to international accounting standards

With the prevailing trend towards bringing the accounting in consolidated and separate financial statements into line, transitioning to IAS/IFRS is growing in importance. To enhance the clarity and efficiency of reporting, many companies are also opting to adapt their internal accounting to the principles of external financial reporting in accordance with IFRS.