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IASB and FASB issue converged standard on revenue recognition

  • Author: Vincent Huck
  • Published: 28 May 2014

The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) have issued a converged standard on the.... read more

Haas, French voice against IFRS, dies aged 51

  • Author: Vincent Huck
  • Published: 28 May 2014

Jérôme Haas, president of the French standards setter Autorité des normes comptables (ANC), died of a cancer in Lisbon on Thursday 8 May, aged 51.. read more

SEC performs balancing act between IFRS and US GAAP

  • Author: Vincent Huck
  • Published: 22 May 2014

In her remarks at the Financial Accounting Foundation Trustees dinner earlier this week the US Securities and Exchange Commission (SEC) chair Mary.... read more

AICPA eyes international stage

  • Author: Vincent Huck
  • Published: 16 May 2014

The American Institute of Certified Public Accountant (AICPA) launched earlier this week its first European summit in Frankfurt, Germany, in an.... read more

CIPFA and IIRC to bring integrated reporting to the public sector

  • Author: TA editorial
  • Published: 7 May 2014

The Chartered Institute of Public Finance and Accountancy (CIPFA) and the International Integrated Reporting Council (IIRC) are creating a public.... read more

SASB appoints Schapiro and Bloomberg to lead board

  • Author: TA editorial
  • Published: 2 May 2014

The Sustainability Accounting Standards Board (SASB) has appointed Michael Bloomberg as chair and Mary Schapiro as vice-chair of its board. read more

Human factor makes audit quality imperfect

  • Author: Carlos Martin Tornero
  • Published: 30 Apr 2014

A panel of experts representing regulators, auditors, preparers and users of financial statements discussed yesterday in London how the assurance.... read more

US Congress adopts full disclosure of federal government spending

  • Author: Vincent Huck
  • Published: 30 Apr 2014

The US House of Representatives has passed the Digital Accountability and Transparency Act (DATA Act) which will open and standardise the federal.... read more

EFRAG study finds support for single model lease accounting

  • Author: Jonathan Minter
  • Published: 17 Apr 2014

A majority of respondents in a European Financial Reporting Advisory Group (EFRAG) survey indicated a preference for the International Accounting.... read more

Watershed moment for auditor’s report reform: Doty

  • Author: Jonathan Minter
  • Published: 4 Apr 2014

The Public Company Accounting Oversight Board (PCAOB) chairman James Doty has described the PCAOB’s proposed standards on the auditor’s reporting.... read more

FEE calls for IPSAS implementation

  • Author: TA editorial
  • Published: 28 Mar 2014

The Federation of European Accountants (FEE) has asked EU member states to consider implementing the International Public Sector Accounting.... read more

IASB proposes amendments to IAS 1

  • Author: Jonathan Minter
  • Published: 26 Mar 2014

The International Accounting Standards Board (IASB) has released a public exposure draft outlining amendments to IAS 1: presentation of financial.... read more

ICAI lays out IFRS convergence roadmap

  • Author: Jonathan Minter
  • Published: 25 Mar 2014

The council of the Institute of Chartered Accountants of India (ICAI) has revised its IFRS roadmap to recommend that all companies with a net worth.... read more

IASB and FASB fail to agree on lease accounting

  • Author: Jonathan Minter
  • Published: 24 Mar 2014

Hopes of a converged lease accounting standard between the US Financial Accounting Standards Board (FASB) and the International Accounting.... read more

India to pass IFRS convergence after election

  • Author: Carlos Martin Tornero
  • Published: 21 Mar 2014

The government elected in the forthcoming Indian general election will make the final decision on the country’s convergence with IFRS issued by the.... read more

European Parliament approves funding for IFRS

  • Author: Carlos Martin Tornero
  • Published: 13 Mar 2014

The plenary of the European Parliament (EP) has voted in favour of the funding programme which will support financially the activity of the.... read more

ICAI considers adopting IFRS, if convergence is successful

  • Author: Jonathan Minter
  • Published: 11 Mar 2014

The Institute of Chartered Accountants of India (ICAI) could support the adoption of international financial reporting standards (IFRS) in the.... read more

Agreement signed to align IASB and IVSC’s work on fair value

  • Author: Carlos Martin Tornero
  • Published: 6 Mar 2014

The International Accounting Standards Board (IASB) and the International Valuation Standard Council (IVSC) have signed an agreement to align their.... read more

Chief executive of Korean standard setter appointed

  • Author: TA editorial
  • Published: 25 Feb 2014

The Korea Accounting Institute (KAI) has appointed Jee In Jang as the chair and chief executive officer of the Korea Accounting Standards Board.... read more

IFRS convergence loses momentum ahead of G20 summit

  • Author: Carlos Martin Tornero
  • Published: 24 Feb 2014

The meeting of the Group of Twenty's (G20) finance ministers and central bank governors, held 23 February in Sydney ended without a call for.... read more

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