We are pleased to issue our fourth IFRS banking newsletter – ‘The Bank Statement’. Developed by the International Standards Group, and IFRS banking specialists around the KPMG network, this quarterly newsletter brings together current IFRS issues facing banks.
Download Now
PDF files require Adobe Reader to view
|
In this issue, we:
|
• |
Look at the increased risk surrounding sovereign debt, together with associated impairment, disclosure and other measurement considerations. |
|
• |
Consider the regulatory proposals around central counterparties for over-the-counter derivatives transactions in the context of the related accounting complexities. |
|
• |
Review and provide insights on the IASB’s fourth quarter activities, including the release of the final offsetting amendments and the decision to reopen parts of IFRS 9. |
|
• |
Outline the continuing dialogue on incorporating IFRS into the US financial reporting system. |
|