Davani interview: After the revolution
The Iranian accounting profession has been developing as rapidly as the profession in Western countries in recent years. Industry figure…
Month: November 2009
Convergence process in danger of unwinding, says E&Y leader
The US Securities and Exchange Commission (SEC) could say ‘no’ to converging with IFRS on 21 December, as Europe’s non-endorsement…
ByCIMA enters first US training partnership with the World Bank
The UK-based Chartered Institute of Management Accountants (CIMA) has entered its first quality training partner agreement with an organisation based…
IFRS 9 moves to second phase
The International Accounting Standards Board (IASB) has published an exposure draft on the amortised cost measurement and impairment of financial…
Profession applauds IFRS 9 as EC postpones endorsement
The International Accounting Standards Board’s (IASB) new financial instruments classification and measurement standard has been warmly welcomed by the accounting…
EFRAG chair urges calm over IFRS 9 stalemate
The chairman of the European Financial Reporting Advisory Group (EFRAG) has said it is important to understand IFRS 9 has…
Vincent Papa comment: The benefits of direct method cash flow
Cash flow is an issue that is not likely to go away any time soon, says the CFA Institute’s Vincent…
Relief as US government rejects oversight proposal for FASB
A proposal to create a systemic risk regulator to oversee Financial Accounting Standards Board (FASB) standard-setting activities has been knocked…