Home Pronouncements GAS 1 – Exempting Consolidated Financial Statements in accordance with §292a HGB

GAS 1 - Exempting Consolidated Financial Statements in accordance with §292a HGB

Publication Date:
22.07.2000
Withdrawal:
01.01.2007

How to order
The German Accounting Standards (GAS) can be purchased here in printed form or as a online database at Schaeffer-Poeschel publisher or can be purchased (individually for each standard) as a PDF file at Genios.

Status: Withdrawn with GAAS 2

  • Adopted by the German Accounting Standards Board (GASB) on 29 October 1999, adapted on 23 May 2000. Publication of the authoritative German version by the Federal Ministry of Justice pursuant to § 342 (2) HGB on 22 July 2000 (Federal Gazette No. 136a).
  • Approval of the withdrawal by the German Accounting Standards Board (GASB) on 07 December 2004 (German Amendment Accounting Standard No. 2 – Withdrawal of GAS 1 and GAS 1a). (Federal Gazette No 31 on 15 February 2005)
  • The Standard is applicable for the last time for a financial year beginning before 01 January 2005 in accordance with Article 58 (3) 4th sentence of the Implementation Law to the Commercial Code.
  • The Standard is applicable for the last time for a financial year beginning before 01 January 2007 by a group using the option in Article 57 1st sentence No. 2, 2nd sentence of the Implementation Law to the Commercial Code.