Bangladesh adopts IFRS for SMEs
SMEs in Bangladesh are to adopt IFRS for SMEs starting January 2013, according to the Institute of Chartered Accountants of…
Month: April 2012
IASB defers IFRS 3 post-implementation review
The International Accounting Standards Board (IASB) has deferred the timing for the post-implementation review of IFRS 3. In an update…
IASB and FASB progress in convergence project
The International Accounting Standard Board (IASB) and the Financial Accounting Standard Board (FASB) have made significant progress in the convergence…
IASB supports XBRL and calls for improvements
International Accounting Standard Board (IASB) chairman Hans Hoogervorst called XBRL a “remarkable success” and said it has the potential to…
Good leadership drives diversity: ACCA
Understanding diversity and cultural differences is a key feature of good leadership in today’s global business, according to a report…
Former standard setters urge the US to adopt IFRS
President of the Institute of Chartered Accountants of Scotland (ICAS) David Tweedie has said the US should not delay its…
Longer tenures lead to higher audit quality: Dutch study
A longer relationship between the auditor and its client leads to a higher number of corrections in the public audit,…
G20 accepts call for greater regulatory convergence
G20 Finance Ministers and Central Bank governors have welcomed recent calls by IFAC’s Private Sector Taskforce (PSTF) to push for…