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News briefs, standards adoption: IFRS 9 in the EU, IFRS in Belarus
European Union confirms IFRS 9 adoptionThe European Union (EU) has published a commission regulation endorsing IFRS 9 ‘financial instruments’ in...
IFRS Foundation and World Bank sign MoU to promote IFRS in developing economies
The IFRS Foundation and the World Bank have signed a Memorandum of Understanding (MoU) to assist developing economies in improving...
IFRS S1 & IFRS S2: a global baseline of financial sustainability reporting?
GlobalData reporter Kris Cooper hears from International Sustainability Standards Board vice chair Sue Lloyd about the development of the ISSB and the...
IFRS makes appointments to SMEIG
The IFRS Foundation Trustees have appointed four members to the SME Implementation Group (SMEIG) for the Americas region. The new...
IFRS Foundation appoints Trustees
The IFRS Foundation has appointed Jorge Familiar and Keiko Tashiro as trustees and reappointed trustee chair Erkki Liikanen for a...
Draft Q&As on the IFRS for SMEs
The SME Implementation Group (SMEIG), which assists the International Accounting Standards Board, has published draft questions and answers (Q&As) on...
IFRS Foundation appoints Trustees
The IFRS foundation has appointed three new trustees —Robert Pozen, Kenneth Robinson and Erhard Schipporeit, effective 1 January 2021. Pozen...
IFRS Standards: the Year Ahead
2018 was another eventful year for the IFRS Foundation and the International Accounting Standards Board. We completed a major project...
IFRS: Presenting a firm foundation
The Accountant: You are speaking about primary financial statements at the IFRS Foundation Conference in Frankfurt. Could you give a...
Norway drops implementation of IFRS for SMEs as IFRS Foundation releases draft guidance on the standards
Norway has backed down from their plans to introduce IFRS for SMEs in the same week that the IFRS Foundation...
IFRS Interpretations Committee gains members
The Trustees of the IFRS Foundation have appointed three new members to the IFRS Interpretations Committee (Committee). The Three members...
IFRS appoints chair of Interpretations Committee
The Trustees of the IFRS Foundation have appointed Bruce Mackenzie as the chair of the IFRS Interpretations Committee, effective 1...
IASB consults on amendments to IFRS 17
The International Accounting Standards Board (IASB) has proposed amendments to the insurance contracts Standard, IFRS 17, for public consultation. The...
IASB issues amendments to IFRS 17
IASB issues amendments to IFRS 17The International Accounting Standards Board (IASB) has issued amendments to IFRS17 Insurance Contracts with the...
IFRS Foundation appoints chair of trustees
The former governor of the Finnish Central Bank Erkki Liikanen has been appointed as the chair of the IFRS Foundation...
IFRS and ISO commit to future cooperation
Following the publication of the International Sustainability Standards Board’s (ISSB) inaugural standards, IFRS S1 and IFRS S2, the IFRS Foundation...
IFRS 18 to aid investor analysis
The International Accounting Standards Board (IASB) has completed its work to improve the usefulness of information presented and disclosed in...
IFRS Advisory Council welcomes reappointments
Among the new appointments is Chartered Accountants of Sri Lanka and SAFA, represented by Manil Jayesinghe.
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 economies. ...
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....