IFRS and Luxembourg GAAP: Similarities and differences

IFRS updates ()

A comparison of IFRS and local GAAP for investment funds Luxembourg

This e-publication compares IFRS with local accounting standards for Luxembourg. Whilst the legal and regulatory compliance as well as the cost implications are always the top consideration of organisations, this publication will help investment funds understand the effects that a potential move to IFRS could have on long-term decisions and transactions, and how this impact will be communicated to investors.

Previous issues of IFRS updates

Jan 2011 The implications of lease accounting for real estate
Apr 2010 IFRS Bulletin ED10 Consolidated Financial Statements
Feb 2010 IFRS and Luxembourg GAAP: Similarities and differences
Jan 2010 A practical guide to IFRS 8 for real estate entities
Aug 2009 A practical guide to amended IAS 40
Jan 2009 Similarities and differences 2009