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Latest News - Standards

German stock exchange joins IIRC’s pilot programme

  • Author: James Wood
  • Published: 8 Aug 2013

The International Integrated Reporting Council has added Deutsche Börse Group to its pilot programme business network, becoming the first stock.... read more

Leases will be restructured to deal with accounting changes: Fitch

  • Author: Grant Collinson
  • Published: 6 Aug 2013

Credit rating firm Fitch Ratings has predicted the proposed lease accounting changes will induce lessees to restructure the leases they sign up to.. read more

IAASB proposes review of auditor’s reports

  • Author: Vincent Huck
  • Published: 5 Aug 2013

The International Auditing and Assurance Standards Board (IAASB) has issued the exposure draft ‘Reporting on Audited Financial Statements:.... read more

Sustainability services increase among SMPs: IFAC

  • Author: James Wood
  • Published: 31 Jul 2013

Small and medium-sized accounting practices (SMPs) face strong demand for sustainability services from clients, according to a recent survey by the.... read more

UK FRC adds to insurance accounting review

  • Author: Carlos Martin Tornero
  • Published: 30 Jul 2013

The UK Financial Reporting Council (FRC) has issued an update of the UK accounting standard for insurance contracts, FRS 103, which differs from.... read more

News analysis: Insurance contract accounting revisited

  • Author: Sophie Exton
  • Published: 29 Jul 2013

The international accounting standard-setter has issued the long-awaited insurance contract revised exposure draft. Sophie Exton investigates what.... read more

FASB and IASB create joint group for revenue recognition standard

  • Author: Jonathan Minter
  • Published: 26 Jul 2013

The International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) are to create a joint transition.... read more

FRC updates audit of financial instruments guidance

  • Author: Jonathan Minter
  • Published: 26 Jul 2013

The UK Financial Reporting Council (FRC) has updated its Practise Note 23, Special Considerations in Auditing Financial Instruments, to reflect the.... read more

James Kroeker appointed vice chairman of FASB

  • Author: Jonathan Minter
  • Published: 25 Jul 2013

James Kroeker has been appointed as vice chairman of the US Financial Accounting Standards Board (FASB), effective 1 September.. read more

ESMA to revise accounting enforcement standards

  • Author: TA editorial
  • Published: 22 Jul 2013

The European Securities and Markets Authority (ESMA) has launched a consultation to revise the standards on the enforcement of financial.... read more

IIRC, CDP and CDSB sign MoU

  • Author: TA editorial
  • Published: 19 Jul 2013

The International Integrated Reporting Council (IIRC), the CDP (formerly known as the Carbon Disclosure Project) and the Climate Disclosure.... read more

IASB issues conceptual framework consultation

  • Author: TA editorial
  • Published: 19 Jul 2013

The International Accounting Standards Board (IASB) has issued for public comment a discussion paper exploring possible changes to the Conceptual.... read more

CIPFA calls for a shift 'beyond austerity'

  • Author: Sophie Exton
  • Published: 11 Jul 2013

The Chartered Institute of Public Finance and Accountancy (CIPFA) president Jaki Salisbury has called on its members and the government to work.... read more

FRC issues audit tendering advice

  • Author: Sophie Exton
  • Published: 10 Jul 2013

The UK Financial Reporting Council (FRC) has published practical suggestions to help companies undertake an efficient process when putting their.... read more

EFRAG releases draft endorsement on IAS 36 and 39 for comment

  • Author: Jonathan Minter
  • Published: 5 Jul 2013

The European Financial Reporting Advisory Group (EFRAG) has issued an invitation for comment on its draft endorsement of the International.... read more

GASB consults on pension standards transition issues

  • Published: 3 Jul 2013

The Governmental Accounting Standards Board (GASB) has launched an exposure draft for public consultation regarding the transition provisions of.... read more

FASB, IASB to hold roundtables on leases proposals

  • Published: 3 Jul 2013

The Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) will host several joint public roundtable.... read more

Kana named SAICA chairman

  • Author: Jonathan Minter
  • Published: 1 Jul 2013

Syresh Kana, a senior partner at PwC Africa has been named as board chairman of the South African Institute of Chartered Accountants (SAICA).. read more

FASB issues insurance contract proposals

  • Published: 28 Jun 2013

The Financial Accounting Standards Board (FASB) has issued for public comment a proposal to improve accounting for insurance contracts.. read more

IASB ten-point plan to improve financial disclosures: Hoogervorst

  • Published: 27 Jun 2013

International Accounting Standards Board (IASB) chairman Hans Hoogervorst has laid out a ten-point plan to deliver tangible improvements to.... read more


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