IASB publishes discussion paper on accounting for financial instruments
The International Accounting Standards Board (IASB) has published a discussion paper on how companies issuing financial instruments should classify them…
ByMonth: June 2018
Two new members join the IFRS Foundation
The Trustees of the IFRS Foundation, which are responsible for the governance and oversight of the International Accounting Standards Board…
FASB clarifies guidance for not-for-profit grant and contribution accounting
The Financial Accounting Standards Board (FASB) has clarified accounting guidance for contributions of cash and other assets received or made…
ByIMA updates competency frameworks to reflect advances in technology
The Institute of Management Accountants (IMA) has released an exposure draft of its enhanced competency framework to reflect the skills…
ByCPA Canada and HKICPA sign reciprocal membership agreement
The Chartered Professional Accountants of Canada (CPA Canada) has signed a reciprocal membership agreement (RMA) with the Hong Kong Institute…
KPMG UK called out over audit quality by watchdog
KPMG UK has been scrutinised by the Financial Reporting Council (FRC) for “unacceptable deterioration” of their audit quality. A half …
FRC launches corporate governance consultation
The UK’s Financial Reporting Council (FRC) has published a consultation on a set of six principles which large private companies…
ByAssociation of International Certified Professional Accountants launches learning resources on emerging technologies
The Association of International Certified Professional Accountants (the Association) has launched a line of learning resources which are linked to…
By