IFRS

The foundation aims to combine the organizations by June 2022.

Accounting standards, measurements of risk and return and thematic-driven strategies have all been refined and improved in recent years.

The International Accounting Standards Board proposed to reduce the disclosure requirements for eligible subsidiaries under International Financial Reporting Standards.

The group formed by SASB and the IIRC is developing ESG standards as financial regulators press for improved reporting.

The International Accounting Standards Board is looking into the standards for consolidated financial statements, or group accounting.

The International Accounting Standards Board began a consultation process in preparation for possible changes in the accounting standards for mergers and acquisitions.

Andreas Barckow was appointed Thursday by the trustees of the IFRS Foundation, as the next chair of the board, succeeding longtime chair Hans Hoogervorst in July 2021.

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 International Accounting Standards Board is considering an update to IFRS for SMEs, its stripped down version of International Financial Reporting Standards for small and midsize entities, the second major update to the standards since it was introduced in 2009.

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

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.

Bloomberg Tax & Accounting has added support for the new lease accounting standard under International Financial Reporting Standards to its product, which already supports the ASC 842 standard under U.S. GAAP.

The Securities and Exchange Commission has voted to propose a set of amendments to its rules governing the kind of information provided to investors.

Accounting has evolved and if you are not keeping up with the latest advances, chances are your clients won’t be satisfied or they may drop you entirely.

The delay for the second year running will spare the country’s banks from adding another layer to the $190 billion pile of bad loans on their books.

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

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.

PwC surveyed how public and private companies are handling the revenue recognition standard.