- February 16, 2015 FASB Proposes Changes in Accounting for Income Taxes An exposure draft has been released by FASB (Financial Accounting Standards Board) relating to the 2 suggested changes in the accounting standards effecting the income taxes accounting for businesses. The accounting ...
- February 9, 2015 Welcome International Financial Reporting Tool (IFRT) Today we are happy to announce the international version of the tool enabling to prepare perfect statements in full IFRS compliance - International Financial Reporting Tool (IFRT). Many years of experience in audit ...
- December 12, 2014 Devolution Proposals must be Fair to Both Sides of the Border ACCA stresses on the proper evaluation of the proposals for dissolution of powers, outlined by Smith Commission. They can only be brought in if they are impartial to both Scotland and other parts of UK. Three prime ...
- December 6, 2014 Report of the Effects Analysis Consultative Group Published IFRS own establishment ‘The Effects Analysis Consultative Group’ has finally disclosed its complete report to the IFRS Trustees with much appreciation gained on the factors related to the fieldwork. The ...
- November 30, 2014 Upskilling Public Sector and Government Finance Professionals Essential for Economic Development and Public Accountability, says Global Accountancy Body The new certificate launched by ACCA in International Public Sector Accounting Standards (Cert IPSAS) stresses that equipping finance professional with basic skills for the public sector is an important aspect for public ...
- November 30, 2014 IESBA Proposes Update to Ethics Code for Professional Accountants in Business International ethics standard board for accountants (IESBA) has released an exposure draft of the proposed amendments made to the ‘Code of Ethics for the Professional Accountant’. These recommendations include ...
- November 17, 2014 Prada Warns that Modification of IFRSs will Lead to Lack of International Recognition Michel Prada, the chairman of International Financial Reporting Standards (IFRS) Foundation Trustees, spoke on the topic of ‘Accounting, Markets and Global economic growth’ at the SNAI (Shanghai National ...
- November 17, 2014 Chairman Michel Prada Explains That Only Full Use of IFRSs Will Bring Needed Familiarity Recently Michel Prada, the chairman of IFRS Foundation Trustees, attended a gathering of the stakeholders of FASF (Financial Accounting Standards Foundation) held in Japan. In that gathering, he spoke about the global ...
- November 14, 2014 IASB Vice-Chairman Reflects on the Progress of the IFRS The vice-chairman of International Accounting Standards Board (IASB), Mr. Ian Mackintosh made a speech on November 10, 2014 highlighting the fact that how substantial amendments that were made to International Financial ...
- November 5, 2014 ESMA Publishes Report on the Equivalence of the Indian Accounting Standards In February 2014, ESMA (European Securities and Markets Authority) was asked by EC (European Commission) to draft a report to apprise the commission about the status of convergence between IFRS (International Financial ...