The first two IFRS standards will be issued by the end of June 2023 Read More...
View articleThe latest Global Business Complexity Index indicates that digital-first taxes and auditing has precedent to become the new normal, but an internation...
View articleIFRS 16 is fully effective for accounting periods beginning on or after 1 January 2019 and brings about significant changes for lessee accounting - by...
View articleProfessor Richard Murphy argues that IFRS accounting is inappropriate in the era when we are tackling the climate crisis and must be replaced Read Mor...
View articleThe incoming IFRS 17 insurance accounting standard is an “opportunity” for accountants to highlight their value to their companies, according to Moody...
View articleMoody’s Analytics has added new accounting and reinsurance capabilities to their RiskIntegrity IFRS 17 solution. These new features are intended to he...
View articleJohn Kuett, vice president of European Lease Accounting at Lease Accelerator provides an essential update on IFRS 16 Read More...
View articleBusinesses are having a tough time finding the time, money, and personnel to spend on IFRS16 compliance while still getting their BAU work done Read M...
View articleCraig Gillespie, Business Area Director for Real Estate at Trimble details the implications of the new rules Read More...
View articleLife is full of surprises – some good, and some not so good. From an accounting point of view, surprises are generally best avoided. This is not...
View articleNew lease accounting standards ASC 842 and IFRS 16 are latest in a wave of significant regulatory change Read More...
View articleThe key difficulty in applying IFRS 16 leases is obtaining the necessary information to determine lease assets and liabilities so if you haven't start...
View articleNew lease accounting standards come into force at the start of next year which will fundamentally change how companies can report off-balance sheet fi...
View articleThe accountancy industry is changing, and with it the role of the accountant and the skills they need to possess Read More...
View articleCorrective action has been taken by Sports Direct into its international stores reporting, following a review by accounting's watchdog Read More...
View articleThe International Accounting Standards Board (IASB) have announced that Françoise Flores will join 1 January 2017 Read More...
View articleImprovements to cashflow statements are being targeted in a consultation launched by the Financial Reporting Council (FRC) Read More...
View articleThe Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted...
View articleThe FRC is inviting comments from stakeholders on its proposed approach to updating FRS 102 to reflect changes in IFRS Read More...
View articleThe IASB has issued amendments to its existing insurance contracts accounting standard, IFRS 4 Read More...
View articleThe UK’s largest listed companies should disregard the accounting advice of reporting watchdog the FRC, a group of investors have urged chairmen of FT...
View articleCommissioning and preparing an asset valuation for financial reporting should involve a three way dialogue between the client, valuer & auditor Re...
View articleThe amendments to FRS 101 are limited, and predominately provide exemptions from many of the disclosure requirements of IFRS 15 Read More...
View articleHans Hoogervorst, chairman of the IASB has outlined plans to prioritise improvements to the communications effectiveness of financial statements Read ...
View articleIFRS Foundation says it will take steps to enhance visibility of trustee oversight of the IASB, including making meetings of the Due Process Oversight...
View articleIFRS Foundation and International Organisation of Securities Commissions announce agreement to improve application of IFRS standards Read More...
View articlePlans laid out for Indonesia to achieve IFRS convergence Read More...
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