Canada - English

Details

  • Service: Topics, IFRS
  • Industry: Financial Services
  • Date: 7/29/2014

IFRS Newsletter: Banking - issue 14, Q2 2014 

The Bank Statement is KPMG’s IFRS Banking Newsletter produced by the International Standards Group and IFRS banking professionals around the KPMG network. It is a quarterly publication that provides updates on IFRS developments directly impacting banks, considers accounting issues affecting the sector, and discusses potential accounting implications of regulatory developments.
IFRS Newsletter: Banking - issue 14, Q2 2014
Download Now
PDF files require Adobe Reader to view

Highlights:

 

  • The IASB has issued a discussion paper on a new approach for macro hedging and the new standard of revenue recognition.
  • The new general hedging model under IFRS 9: We discuss new possibilities, challenges and judgments from a practitioner's perspective.
  • Section on benchmarks: We have looked at the financial statements issued by 10 banks reporting under IFRS to compare their disclosures on CVa and DVA.
  • Banks are issuing contingent convertible capital instruments (CoCos) to improve their capital ratios. We discuss some of the accounting implications from the perspective of the issuer.
  •  

    Related links:

     

     

    To receive the IFRS Newsletter: Banking alert, please register to the site.

 

 Contact us

Contact Image

Description

Phone

Sign Up Now

Subscribe to receive email alerts when new content is available.

 

Subscribe now.

Share this

 

Follow us