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China, Japan and Korea up IFRS cooperation

  • Author: TA editorial
  • Published: 30 Oct 2012

Chinese, Japanese and Korean standard setters plan to further cooperate on issues concerning IFRS after re-signing a mutual recognition agreement.. read more

IOSCO to encourage IFRS adoption

  • Author: TA editorial
  • Published: 9 Oct 2012

The International Organization of Securities Commissions (IOSCO) has agreed to take a greater role in the adoption of IFRS during its inaugural.... read more

BAC reviews Japans IFRS adoption deliberations

  • Author: Jared Fortune
  • Published: 4 Oct 2012

The Business Accounting Council of Japan (BAC) has met to review deliberations over the prospective use of IFRSs in Japan.. read more

Thai SEC looks to enhance audit quality of SOEs

  • Author: TA editorial
  • Published: 2 Oct 2012

The Securities Exchange Commission (SEC) of Thailand and the Office of the Auditor General of Thailand (OAG) have signed a Memorandum of.... read more

IASB to re-expose insurance standards proposal

  • Author: TA editorial
  • Published: 1 Oct 2012

The International Accounting Standards Board (IASB) has decided to re-expose its proposals on the insurance contract project which is intended to.... read more

Wheatley report finds LIBOR reform needs external audits

  • Author: Carlos Martin Tornero
  • Published: 28 Sep 2012

Reinforced audit procedures and strengthened reporting practices are one of the cornerstones for the London inter-bank offered rate (LIBOR) reform,.... read more

FRC issues revised ISAs

  • Author: TA editorial
  • Published: 28 Sep 2012

The UK Financial Reporting Council (FRC) has issued revised International Standards on Auditing (ISAs) primarily to support changes to the UK.... read more

Small listed companies fall short on quality reporting: FRC

  • Author: TA editorial
  • Published: 27 Sep 2012

Smaller listed companies and alternative investment market (AIM) quoted firms find it harder to meet high reporting standards than there FTSE 350.... read more

IIRC pilot programme year book identifies early trends

  • Author: TA editorial
  • Published: 26 Sep 2012

The International Integrated Reporting Council (IIRC) has launched a pilot programme yearbook and has identified early integrated reporting (IR).... read more

IVSC appoints Tweedie as chairman

  • Author: TA editorial
  • Published: 26 Sep 2012

David Tweedie has been appointed chairman of the International Valuation Standards Councils (IVSC) board of trustees effective 29 October. read more

FASB, ASBJ renew joint global accounting efforts

  • Author: TA editorial
  • Published: 19 Sep 2012

The Accounting Standards Board of Japan (ASBJ) and the Financial Accounting Standards Board (FASB) have renewed their joint efforts on the.... read more

Big Four firms welcome final draft of IFRS 9

  • Author: TA editorial
  • Published: 11 Sep 2012

The International Accounting Standards Board (IASB) has issued a draft of general hedge accounting requirements to be added to IFRS 9 Financial.... read more

Nigerian government moves towards IPSAS and IFRS integration

  • Author: TA editorial
  • Published: 10 Sep 2012

The Nigerian government has told chief accounting officers in federal and regional Ministries, Departments and Agencies (MDAs) to prepare for IPSAS.... read more

CIPFA launches consultation on local government PSIAS guidance

  • Author: TA editorial
  • Published: 7 Sep 2012

The UK Chartered Institute of Public Finance and Accountancy (CIPFA) has launched a public consultation to provide guidance on the application of.... read more

FRC appoints inaugural chairs to advisory bodies

  • Author: Hannah Meltzer
  • Published: 5 Sep 2012

Following the reform of the UK Financial Reporting Council (FRC) in July, the regulator has appointed Olivia Dickson, Nick Land and Roger Marshall.... read more

FASB consults on 2013 US GAAP taxonomy

  • Author: TA editorial
  • Published: 4 Sep 2012

The US Financial Accounting Standards Board (FASB) has launched a consultation on its 2013 US GAAP Financial Reporting Taxonomy The proposed.... read more

More guidance on application of materiality needed: ESMA

  • Author: Jared Fortune
  • Published: 20 Aug 2012

The main issue found on materiality in financial reporting is in the application, according to the majority of respondents to a European Securities.... read more

GRI launches anti-corruption and GHG emissions consultations

  • Author: Jared Fortune
  • Published: 20 Aug 2012

The Global Reporting Initiative (GRI) has issued two proposals to improve companies reporting on anti-corruption and greenhouse gas (GHG) emissions.. read more

FASB consults on reclassification disclosures presentation

  • Author: TA editorial
  • Published: 17 Aug 2012

The US Financial Accounting Standards Board (FASB) has issued a proposal to improve the presentation of reclassifications out of accumulated other.... read more

PCAOB adopts audit committee communication standard

  • Author: TA editorial
  • Published: 15 Aug 2012

The US Public Company Accounting Oversight Board (PCAOB) has adopted auditing standard No. 16 on communications with audit committees and has made.... read more


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