ICPAS amends its constitution
The Institute of Certified Public Accountants of Singapore (ICPAS) has amended its constitution to improve its governance. The constitutional changes…
Month: August 2011
IASB concerned over sovereign debt accounting
The International Accounting Standards Board has expressed concern over the inconsistent way that banks and insurers have been applying IAS…
APES Board revises APES 350 Standard
The Accounting Professional & Ethical Standards (APES) Board has approved revisions to the APES 350 standard. The Participation by Members…
PCAOB to hold roundtable on reporting changes
The US Public Company Accounting Oversight Board (PCAOB) will hold a roundtable discussing possible changes to the auditor’s reporting model…
EFRAG to research IASB proposals on revenue recognition
The European Financial Reporting Advisory Group (EFRAG) is to conduct field testing on the revised International Accounting Standards Board (IASB)…
IASB issues investment funds proposal
The International Accounting Standards Board (IASB) is planning to exempt investment entities from consolidation requirements of IFRS 10, according to…
Irish audit exemption unlikely to have big impact on profession
The Chartered Accountants Ireland does not expect the government’s plan to exempt more businesses from mandatory audit to have a…
Harvard paper tackles IFRS adoption politics
A Harvard Business School paper has explored the international political dynamics of IFRS adoption. The International Politics of IFRS harmonization…