United States

The Bank Statement - Q3 2017

Oct 16, 2017
From the IFRS Institute

KPMG discusses IFRS issues relevant to the global banking community including the IASB exposure draft about prepayment features with negative compensation; modifications of financial liabilities under the new financial instruments standard; and 2017 interim financial statement disclosures by banks about the effect of the financial instruments, revenue recognition and leases standards. The newsletter also discusses the European Banking Authority's second impact study on implementing the financial instruments standard.