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FASB clarifies scope of offsetting disclosures

  • Author: TA editorial
  • Published: 4 Feb 2013

The Financial Accounting Standards Board (FASB) has issued an update to specify the scope of transactions subject to disclosures about offsetting.. read more

ACCA launches IFRS for SMEs certificate

  • Author: TA editorial
  • Published: 1 Feb 2013

The Association of Chartered Certified Accountants (ACCA) has launched a certificate on IFRS for SMEs.. read more

IR accelerant for investment in APEC economies: Druckman

  • Author: TA editorial
  • Published: 31 Jan 2013

Integrated Reporting (IR) could be an accelerator of long term investment among Asia-Pacific Economies Cooperation’s (APEC) members, International.... read more

FRC consults on Sharman panel recommendations

  • Author: TA editorial
  • Published: 31 Jan 2013

The UK Financial Reporting Council (FRC) has issued a consultation paper on the recommendations made by the Sharman Panel Inquiry into Going.... read more

IFRS Foundation appoints SMEIG chairman

  • Author: TA editorial
  • Published: 30 Jan 2013

The IFRS Foundation has appointed Darrel Scott as chairman of the SME Implementation Group (SMEIG).. read more

IFRS interpretation exacerbated banking crisis, Tweedie

  • Author: TA editorial
  • Published: 30 Jan 2013

Former International Accounting Standards Board (IASB) chairman David Tweedie claims banks’ efforts to get around IFRS exacerbated the banking.... read more

IASB calls for joint effort to improve disclosures

  • Author: TA editorial
  • Published: 25 Jan 2013

The International Accounting Standards Board (IASB) has called for a joint effort across the profession to tackle the issue commonly known as ‘the.... read more

AASB proposes amendments to impairment of assets standard

  • Author: TA editorial
  • Published: 22 Jan 2013

The Australian Accounting Standards Board (AASB) has launched a consultation on its proposals to amend the impairments of assets standard.. read more

Hoogervost counters criticism over IFRS

  • Author: Carlos Martin Tornero
  • Published: 17 Jan 2013

In the wake of yesterday’s UK parliamentary commission on banking standards’ panel session, International Accounting Standards Board (IASB).... read more

IASB and IIRC in MoU talks

  • Author: TA editorial
  • Published: 16 Jan 2013

The International Accounting Standards Board (IASB) and the International Integrated Reporting Council (IIRC) are in talks to sign a Memorandum of.... read more

FASB proposes accounting for repurchase agreement changes

  • Author: TA editorial
  • Published: 16 Jan 2013

The US Financial Accounting Standards Board (FASB) has launched a consultation on its proposed improvements to accounting for repurchase agreement.... read more

GASB issues standard for M&A in the public sector

  • Author: TA editorial
  • Published: 9 Jan 2013

The US Governmental Accounting Standards Board (GASB) has issued a standard aimed at improving the way mergers and acquisitions are reported by.... read more

PCAOB inspections show audit deficiencies up

  • Author: IAB and TA editorial
  • Published: 4 Jan 2013

The amount of audit failures detected in the work of US firms BDO, Ernst & Young (E&Y) and Grant Thornton have increased according to the latest.... read more

Taiwan’s listed companies adopt IFRS

  • Author: TA editorial
  • Published: 2 Jan 2013

The Taiwanese Financial Supervisory Commission said that IFRS has started to apply for all publicly traded companies based in Taiwan.. read more

FRC has issued a revised pension standard

  • Author: TA editorial
  • Published: 20 Dec 2012

The UK Financial Reporting Council (FRC) has issued a revised version of actuarial standard TM1 (AS TM1).. read more

EC to propose mandatory non-financial reporting

  • Author: Carlos Martin Tornero
  • Published: 18 Dec 2012

The European Commission (EC) will propose a change in European Union (EU) law to make further non-financial disclosures for certain companies.... read more

ICAEW calls to end convergence in favour of global IFRS adoption

  • Author: TA editorial
  • Published: 12 Dec 2012

The ICAEW has urged the International Accounting Standards Board (IASB) to ‘end the era of convergence’, suggesting instead that all listed.... read more

PCAOB finds deficiencies in ICFR audit opinions

  • Author: TA editorial
  • Published: 11 Dec 2012

The Public Company Accounting Oversight Board (PCAOB) has found shortfalls related to Internal Control over Financial Reporting (ICFR) in the.... read more

ESG reporting increases among South African companies in 2012

  • Author: Jonathan Minter
  • Published: 10 Dec 2012

The number of South African companies increasing their sustainability reporting practices has improved in 2012, according to annual Johannesburg.... read more

CPAs vital to clients’ digital innovation: AICPA

  • Author: TA editorial
  • Published: 6 Dec 2012

The majority US CPA’s have embraced the ‘cloud’ and think they are vital to clients’ digital innovation, an American Institute of Certified Public.... read more


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