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SEC unveils IFRS work plan

  • Author: Ana Gyorkos
  • Published: 16 Jul 2012

The US Securities and Exchange Commission (SEC) final staff report on the work plan towards global accounting standards calls for the International.... read more

US and Europe consult on disclosure notes

  • Author: TA editorial
  • Published: 13 Jul 2012

The accounting professions in the US and Europe have launched consultations on ways to improve the effectiveness of disclosures in the financial.... read more

SEC IFRS adoption decision date unknown

  • Author: TA editorial
  • Published: 10 Jul 2012

The final report from US Securities and Exchange Commission (SEC) staff on the countries plans to adopt IFRS will not contain a recommendation on.... read more

Malaysia defers IFRS for certain industry sectors

  • Author: TA editorial
  • Published: 4 Jul 2012

The Malaysian Accounting Standards Board (MASB) has decided to allow agricultural and real estate companies in the country to defer adoption of.... read more

FRC consults on disciplinary proceedings

  • Author: TA editorial
  • Published: 29 Jun 2012

The UK Financial Reporting Council (FRC) has issued a consultation looking at changing the way it conducts disciplinary proceedings as a way to.... read more

CPA Australia appointed to the IIRC

  • Author: TA editorial
  • Published: 28 Jun 2012

CPA Australia has been appointed as the latest member of the International Integrated Reporting Council (IIRC).. read more

GRI to amend sustainability reporting guidelines

  • Author: TA editorial
  • Published: 28 Jun 2012

The Global Reporting Initiative (GRI) has proposed changes to its Sustainability Reporting Guidelines G4. Proposed changes have been released in a.... read more

US GASB approves public pension reporting standards

  • Author: TA editorial
  • Published: 26 Jun 2012

The US Governmental Accounting Standards Board (GASB) has approved two standards for the reporting of unfunded pension liabilities by US state and.... read more

Rio+20 urged to promote sustainability reporting

  • Author: TA editorial
  • Published: 15 Jun 2012

Leading business organisations are putting pressure on governments to commit to sustainability reporting, calling on global leaders to take.... read more

IASB, FASB reach lease accounting agreement

  • Author: TA editorial
  • Published: 14 Jun 2012

The International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) have reached an agreement on lease.... read more

IFRS Foundation elects committee members

  • Author: TA editorial
  • Published: 15 May 2012

Sandra Peters and John OGrady have been appointed members of the IFRS Interpretations Committee by the IFRS Foundation.. read more

ICAEW warns of weaknesses in EU public accounting

  • Author: TA editorial
  • Published: 15 May 2012

The UK Institute of Chartered Accountants for England and Wales (ICAEW) said many EU member states have not got the capacity or capability to.... read more

ESMA calls for US adoption of IFRS

  • Author: TA editorial
  • Published: 14 May 2012

The chairman if the European Securities and Markets Authority (ESMA) Steven Maijoor has called for the US Securities and Exchange Commission (SEC).... read more

IASB proposes amendments to eleven IFRSs

  • Author: TA editorial
  • Published: 4 May 2012

These include amendments to short-term receivables and payables of fair value measurement and to the classification of liabilities in the.... read more

Existing UK-GAAP outdated: ICAEW

  • Author: TA editorial
  • Published: 4 May 2012

The Institute of Chartered Accountant for England and Wales (ICAEW) has called for a prompted implementation of the revised proposal on the future.... read more

IFAC urges G 20 to improve public sector reporting

  • Author: TA editorial
  • Published: 19 Apr 2012

The International Federation of Accountants (IFAC) has urged the G-20 to take action against inconsistent and unreliable public sector financial.... read more

IPSASB proposes IPSAS on financial statements

  • Author: TA editorial
  • Published: 4 Apr 2012

The International Public Sector Accounting Standard (IPSAS) proposes that while the minimum content is required it grants entities enough.... read more

PCAOB HEARING: A unified line against rotation

  • Author: Ana Gyorkos
  • Published: 23 Mar 2012

DAY 2: US mid-tier accounting firms agree with their Big Four peers and Grant Thornton that mandatory audit firm rotation is a bad idea. The last.... read more

PCAOB HEARING: Stakeholders divided over audit firm rotation

  • Author: Ana Gyorkos
  • Published: 22 Mar 2012

In one corner, investors, regulators and academics are calling for change and backing rotation while audit firms and large corporates are.... read more

CAQ against mandatory firm rotation

  • Author: Ana Gyorkos
  • Published: 21 Mar 2012

The Centre for Audit Quality (CAQ) executive director Cindy Fornellihas said mandatory audit firm rotation would not increase audit quality but.... read more


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