Financial reporting implications of the Greek debt crisis
23 Jul 2015
Deloitte’s IFRS Global office has issued a newsletter which outlines the financial reporting implications of the Greek debt crisis and the main issues preparers should consider in their IFRS financial statements as at 30 June 2015.
The topics discussed in the newsletter include:
- Financial reporting consequences related to (1) general disclosures, (2) impairment, and (3) going concern.
- An outlook of additional measures the Greek government must take to secure its third bailout.
- Direct consequences and broader economic consideration in case of Greek exit from the Eurozone.
Please click to view the IFRS in Focus — The Greek debt crisis: Financial reporting implications for 30 June.