Beyond the GAAP no. 90 - June 2015
The IASB is making progress with its proposed amendments to IFRS 15, following on from the work of the Transition Resource Group.
Meanwhile, stock market regulators are committed to improving the quality and readability of financial reporting, with ESMA recently publishing its Guidelines on Alternative Performance Measures and the French market regulator (AMF) releasing a guide to improving the relevance, consistency and readability of listed companies’ financial statements. Companies that want to overhaul their financial reporting will have plenty to think about at the end of this financial period!