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Latest News - Standards

The UK Financial Reporting Council increases levels of fines

  • Published: 9 Apr 2018

The UK Financial Reporting Council (FRC) has published updated guidance for the Tribunal that hears FRC Enforcement cases increasing its fines to.... read more

IASB revises Conceptual Framework

  • Published: 3 Apr 2018

The International Accounting Standards Board (IASB) has revised its Conceptual Framework for Financial Reporting that underpins IFRS Standards.. read more

Zimbabwe pursues increased public sector transparency and accountability

  • Published: 28 Mar 2018

More than 200 senior officials from central and local government gathered to discuss the next steps in Zimbabwe’s migration to accrual accounting.... read more

The pan-European stock exchange supports Task Force on Climate-related Financial Disclosures

  • Published: 22 Mar 2018

Pan-European stock exchange Euronext, the Financial Services and Markets Authority (FSMA) in Belgium, the National Bank of Belgium (NBB) and the.... read more

IFRS Foundation appoints director of Tokyo office

  • Author: Stephanie Wix
  • Published: 22 Mar 2018

The International Financial Reporting Standards (IFRS) Foundation has appointed Makoto Takahashi as its regional liaison office director in Tokyo,.... read more

Financial risk and Climate related risk can be disclosed using the same standards

  • Published: 19 Mar 2018

IFRS can already be used by companies to report on climate related risk, according to a report by the Climate Disclosure Standards Board (CDSB).. read more

Revised audit reporting standards improves transparency and corporate reporting, finds ACCA

  • Author: Stephanie Wix
  • Published: 15 Mar 2018

Updated auditor reporting standards have improved quality of information for investors, governance and financial reporting, according to a report.... read more

IFIAR report seeks further improvement in audit engagements

  • Author: Stephanie Wix
  • Published: 14 Mar 2018

The International Forum of Independent Audit Regulators (IFIAR) has published its sixth inspection findings report, which surveyed its members’.... read more

IASB calls for applicants to join management commentary consultative group

  • Author: Stephanie Wix
  • Published: 13 Mar 2018

The International Accounting Standards Board (IASB) has called for application to the management commentary consultative group which will make.... read more

Interim Nominating Committee set up to select next IAASB chair

  • Published: 9 Mar 2018

An interim Nominating Committee (INC) to select the chair of the International Auditing and Assurance Standards Board (IAASB) for the 2019-2021.... read more

Accountancy Europe releases position paper on sustainable finance in the EU

  • Author: Stephanie Wix
  • Published: 6 Mar 2018

Ahead of the upcoming consultation by the European Commission on the fitness of the EU corporate reporting framework, Accountancy Europe has.... read more

Unilever fully discloses its entire palm oil supply chain

  • Published: 22 Feb 2018

Unilever has publicly disclosed the suppliers of its palm oil to increase transparency in its supply chain.. read more

OECD launches consultation on misuse of residence by investment schemes

  • Published: 20 Feb 2018

The OECD has launched a consultation on the misuses of residence by investment (RBI) schemes for tax evasion/avoidance purposes.. read more

IFRS Foundation appoints former Australia and New Zealand CEO as executive director

  • Author: TA editorial
  • Published: 7 Feb 2018

The IFRS Foundation has appointed Lee White as executive director following the departure of former Yael Almog, effective in April 2018.. read more

GRI launches simplified Chinese translation of its standards

  • Author: Stephanie Wix
  • Published: 7 Feb 2018

The GRI has launched its simplified Chinese translation of the GRI Standards to meet the growing needs of GRI reporters working in Chinese-speaking.... read more

European Commission prepares legislative proposals for sustainable finance

  • Published: 7 Feb 2018

The European Commission (EC) is preparing a strategy on sustainable finance based on the recommendations of the European Union’s High-Level Expert.... read more

News brief: accrual accounting for the public sector developments

  • Author: TA editorial
  • Published: 6 Feb 2018

The International Public Sector Accounting Standards Board (IPSASB) has published a consultation on its proposed strategic objectives, supporting.... read more

GASB consults on revenue and expenses model for government accounting

  • Author: Stephanie Wix
  • Published: 5 Feb 2018

The USA Governmental Accounting Standards Board (GASB) has called for public comment on its revenue and expenses recognition model for state and.... read more

Malaysia assesses first year of the Enhanced Auditors’ Report implementation

  • Author: TA editorial
  • Published: 2 Feb 2018

Malaysian audit committees members and investors believe the introduction of Key Audit Matter (KAMs) through the enhanced auditors’ report has.... read more

International Valuation Standards translated in Arabic

  • Published: 2 Feb 2018

The Saudi Authority of Accredited Valuers (Taqeem), the regulator for the valuation profession in the Kingdom of Saudi Arabia, has released the.... read more

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