- International financial reporting standards:
Significance, acceptance, and new...
The international accounting standards board (IASB) has replaced the international accounting standards committee (IASC) as part of a comprehensive restructuring of the international accounting standard-setting ......
- Goodwill impairment: convergence not yet
achieved.
Abstract The International Accounting Standards Board (IASB) and the U.S. Financial Accounting Standards Board (FASB) have agreed to work separately and jointly toward convergence of ......
- FASB issues FASB Statements No. 141 (R), Business
Combinations, and No. 160,...
NORWALK, Conn. -- The Financial Accounting Standards Board (FASB) today issued FASB Statements No. 141 (revised 2007), Business Combinations, and No. 160, Noncontrolling Interests ......
- AIFRS CONFERENCE
The IFRS Implementation - New Issues, New Challenges conference, was held from April 7 to 8 at Darling Harbour. The event featured clear explanations of ......
- The science of compliance
HEADNOTE The task of adjusting to IFRS may seem a major burden from where most of us are standing, writes Chris Field, but it's a ......
- IFRS AND TAX
In a first for the profession, the ICAA has established a committee to identify and discuss taxation issues arising from the introduction of International Financial ......
- Fund managers welcome IFRS reports' transparency
International financial reporting standards are already having a significant effect on investor behaviour across the EU, according to a recent survey.
- SHOUT ABOUT IT
HEADNOTE There is much to be done in communicating the effects of AIFRS to the market. Failing to do so could have a negative impact ......
- AIFRS
Parliamentary Joint Committee hearing The Institute attended the Parliamentary Joint Committee hearing on 7 February. The Institute argued the Australian equivalents to International Financial Reporting ......
- EU, U.S. SET STANDARDS ROADMAP
HEADNOTE STANDARDSCONVERGE Standards News The EU Commission and SEC have agreed on a roadmap toward equivalence between International Financial Reporting Standards and U.S. generally accepted ......
- Energy suppliers toil hard to drill down through embedded options
The group finance director of gas provider Centrica has revealed some of the teething problems faced by the energy sector following the adoption of international ......
- IFRS and US GAAP Comparison book coming
soon.
The International Accounting Standard Committee Foundation (IASCF) will soon release IFRS/US GAAP Comparison, a comprehensive financial reporting reference work which compares and contrasts the requirements ......
- A BIG YEAR AHEAD
HEADNOTE This year marks the commencement of International Financial Reporting Standards in Australia IMAGE PHOTOGRAPH 1 2005 IS A BIG YEAR FOR FINANCIAL reporting in ......
- TRANSITIONAL CHALLENGE
HEADNOTE Layered with complexities the new standard AASB 136 requires applied systems for entities' identification of impaired assets 'IMPAIRMENT OF ASSETS' IS A KEY standard ......
- A QUESTION OF STANDARDS
HEADNOTE The introduction of International Financial Reporting Standards raises a number of important tax questions AUSTRALIA HAS RESOLVED TO adopt International Financial Reporting Standards (IFRS) ......