IASB

The IASB overseer wants to find out how much demand is out there for it to also oversee international sustainability standards.

Money managers and pension funds want companies to publish their 2020 annual reports in line with guidance from the International Accounting Standards Board.

The International Accounting Standards Board proposed amendments to assist companies in providing useful information to investors about the effects of interest rate benchmark reform on financial statements.

The board wants more comparability and transparency around non-GAAP measurements.

Accounting-as-usual needs to change if we are to change business-as-usual.

Environmental, social and governance reporting is filled with competing sets of rules, according to accounting standard-setters and experts.

In the area of fixed assets and the resultant depreciation there are some major differences between the GAAP rules codified in ASC Topic 360 and the IFRS rules in IAS 16.

The International Accounting Standards Board has some amendments to the standard after hearing complaints from insurers.

The Public Company Accounting Oversight Board may begin asking auditors to look at cybersecurity when assessing risks at the companies they audit.

The companies are giving their customers access to both Chargebee’s subscription billing system and Softrax’s Revenue Manager revenue recognition software.

The valuation piece currently presents the biggest challenge—and question mark—for accountants and the organizations they serve.

The Financial Accounting Standards Board held a roundtable discussion on its new credit losses standard, with some mid-tier banks asking it to reconsider.

The International Accounting Standards Board voted to propose a one-year delay, so the new rules would take effect in 2022, instead of 2021.

The International Integrated Reporting Council, the Sustainability Accounting Standards Board, the Global Reporting Initiative and the Carbon Disclosure Project are working to harmonize standards.

Last month a very strange thing happened.

The new lease accounting standard that takes effect for public companies next year poses obstacles for the audit firms that have begun implementing it for their clients.

Financial institutions around the world are revising how they estimate credit losses.

The International Accounting Standards Board is considering changes in how to account for goodwill under International Financial Reporting Standards, perhaps reintroducing goodwill amortization.

Walgreens, CVS and AT and T top the list of U.S. companies with the most operating lease liabilities that will need to be added to their balance sheets under the new leasing standard, according to a new report.

Erkki Liikanen, a former governor of the Finnish Central Bank, has been named chair of the IFRS Foundation trustees, the group that oversees the International Accounting Standards Board and the International Financial Reporting Standards they develop.