Search for "IFRS"
IFRS Foundation consults on IFRS Taxonomy 2013
The IFRS Foundation has launched a consultation on the IFRS Taxonomy 2013. The proposed Taxonomy is a translation of Standards…
In focus: IFRS
by Sue Almond Creeping IFRS The year 2005 was the dawn of a new era in financial reporting, with the…
IFRS Foundation charts progress towards global adoption of IFRS
The IFRS Foundation has completed the first phase of an initiative to assess the progress towards the global adoption of…
Increasing diversity and IFRS
Teresa Polley has been appointed to lead the US Financial Accounting Foundation (FAF) at a time when convergence to international…
IFRS conversion implications
The American Institute of Certified Public Accountants (AICPA) has published a document to provide awareness of the potential impact to…
In focus: IFRS adoption
The decision by the US Securities & Exchange Commission (SEC) to put the transition to IFRS on ice for the…
IFRS US prospects
Ominous sounds from the US over the prospects of IFRS ever being accepted in the world’s largest capital market are…
The virtues and vices of IFRS
The ongoing debate around the virtues and vices of IFRS has been turned up a notch or two recently. In…
Research: IFRS for private entities
CANADA: Local standards are used for financial reporting in Canada and SMEs may apply options under differential reporting… UGANDA: Uganda…
IFRS Taxonomy 2011 is updated
The IFRS Foundation has published two IFRS Taxonomy 2011 interim releases. The IFRS 12 Disclosure of Interests in Other Entities…
IFRS Foundation creates XBRL task force
The IFRS Foundation has set up a task force to examine XBRL tagging in IFRS financial statements and is looking…
Educators ill-prepared for IFRS adoption but help aplenty
US universities are not prepared to introduce IFRS into their 2008-2009 curricula although accounting firms are taking steps to help…
IFRS picks up in Japan
Recently released data by the Tokyo Stock Exchange (TSE) has revealed that 128 companies listed on TSE accounting for more…
Behind the scenes: US IFRS debate
The US accountancy profession is at the centre of considerable speculation concerning the potential decision to adopt IFRS. But there…
IASB issues transition guidance for IFRS 10
The International Accounting Standards Board (IASB) has issued a transition guide for IFRS 10 transition. The document, Consolidated Financial Statements,…
EC endorses IASB amendments to IFRS 10
The European Commission (EC) has passed regulation which brings into force the amendments the International Accounting Standards Board (IASB) had…
Comment: Emerging economies – the pros and cons of moving to IFRS
By Alex Malley The majority of the 122 countries that have adopted International Financial Reporting Standards (IFRS) are emerging…
IASB seeks candidates for IFRS Taxonomy Consultative Group
The International Accounting Standards Board (IASB) is seeking candidates to join the IFRS Taxonomy Consultative Group from 1 April 2020.…
Japan's convergence conundrum
The debate in Japan on whether to adopt IFRS rather than continue with the present path of convergence with IFRS…
A global language for accounting
As the US grapples on whether to adopt IFRS, the rest of the world has largely embraced the international standards.…