ASCG invites companies to participate in the GLASS public survey on inflation accounting

The Group of Latin American Accounting Standard Setters (GLASS) is performing a research project related to the recognition in the financial statements of high inflation effects before reaching hyperinflation as currently required by IAS 29. The question to answer is whether the scope of IAS 29 should be widened. As part of this project, GLASS has prepared an inflationary economies questionnaire to determine the current status of inflation accounting in different regions of the world.

The ASCG asks all German companies for their participation in this survey. Feedback can be sent to the ASCG via eMail to [email protected] by 30 March 2017.

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