IFRS news - May 2012

IFRS news 05/02/2012 by Assurance services

PwC's monthly report shedding light on the IASB's activities. The May 2012 edition looks at:

  • Revenue recognition ED - take two
    Overview of responses to the second exposure draft on revenue recognition
  • New IFRSs applicable for 2012 year-ends
    Outline of the new IFRS standards and interpretations that come into effect for 2012 year ends
  • IFRS quiz: embedded derivatives and hedge accounting
    Test your knowledge in two key areas of financial instruments accounting