IASB, FASB propose impairment accounting system
The International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) have issued proposals for accounting for…
Month: January 2011
ASB and EFRAG plan to improve standard setting
The Accounting Standards Board (ASB) and the European Financial Reporting Advisory Group (EFRAG) have joined forces to improve how accounting…
Businesses not ready for iXBRL tax filing
The Institute of Chartered Accountants of Scotland (ICAS) and other large institutes have urged the UK government to review the…
ACCA appoints Middle East head
Stuart Dunlop has been appointed head of the Association of Chartered Certified Accountants (ACCA) Middle East office. Dunlop, who will…
IASB and FASB agree on offsetting
The international and US standard setter have agreed on an approach to offsetting financial assets and financial liabilities on the…
2011: The industry view
As we enter a new decade, professional accountancy bodies are preparing for a year of more economic uncertainty and significant…
Defining fair value
As the Asian-Oceanic Standard Setters Group prepares to submit new standards for agriculture to the International Accounting Standards Board, The…
Climate matters
Sustainable business practice is rapidly growing in importance and going green is one crucial part of meeting this agenda. Özge…