Patricia Bielmann

Patricia Bielmann

Partner, IFRS Financial Services

What’s the best option for your business on transition to IFRS 16?

Implementation projects are costly and data requirements extensive. But a careful use of transition options and practical expedients optimize the trade-offs between cost, timing and comparability – and your company’s profit in the post-transition years.

IFRS 9 Finanzinstrumente: Industrieunternehmen sind gefordert

IFRS 9 Finanzinstrumente ist kein industriespezifischer Standard sondern ist sowohl von Finanzinstituten als auch von Industrieunternehmen anzuwenden. Im Gegensatz zu Banken und Versicherungen scheint IFRS 9 bei Industrieunternehmen kein Meilenstein der Rechnungslegung zu sein. Entspricht dies jedoch den Tatsachen?

IFRS 16 Leases – the mystery of transition reliefs and their impact on Swiss financial institutions

In the past, we have seen Swiss financial institutions selling their office buildings to investors and leasing them back. With IFRS 16, lessees will now bring most leases on balance sheet. For this reason, financial institutions have to recognize a right-of-use (ROU) asset.

IFRS 9 aus Sicht der Industrieunternehmen

Der Standard IFRS 9 "Finanzinstrumente" tritt für Geschäftsjahre beginnend am 1. Januar 2018 in Kraft. Industrieunternehmen sind von den neuerlichen Diskussionen des IASB über einen möglichen Aufschub des Inkrafttretens des Standards nicht betroffen. Was müssen Industrieunternehmen tun, um eine möglichst reibungslose Einführung zu gewährleisten?

IFRS 16 Leases – Impact on financial institutions

As leasing is an important and flexible measure of financing, e.g. of the rental of an office building, the new leases standard IFRS 16 will improve the transparency and comparability of information on off-balance sheet leases by bringing them onto the balance sheet.

Unpacking IFRS 4 Phase 2: New Insurance Contract Standard

While the publication date of the forthcoming insurance contracts standard, IFRS4 Phase 2, is not yet known, the majority of its requirements related to the building block approach have been tentatively agreed on by the International Accounting Standard Board (IASB), including the detailed and complex presentation and disclosure requirements.