This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version. Please upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

News

  • FEE publishes briefing paper on EPSAS

    17 Oct 2014

    The Federation of European Accountants (Fédération des Experts-comptables Européens, FEE) has published a paper offering an overview of the European Commission's initiative to develop European Public Sector Accounting Standards (EPSAS). It also contains relevant information about the functioning of EU policy and legislation.

  • Launch of SSEI progress report

    16 Oct 2014

    The 'Sustainable Stock Exchanges 2014 Report on Progress' was launched at the Global Dialogue in Geneva on 14 October 2014. The report containing a review of sustainability initiatives at 55 exchanges found substantial progress, engagement, and a set of emerging best practices among exchanges regarding promotion of sustainability reporting and sustainable business practices more generally. However, it also recognised clear potential for the sector to do more.

  • FASB and ASBJ hold biannual meeting

    16 Oct 2014

    The seventeenth meeting between representatives of the Financial Accounting Standards Board (FASB) and the Accounting Standards Board of Japan (ASBJ) was held in Tokyo on 14 and 15 October 2014. The meeting saw updates on each board's respective standard-setting activities and an exchange of views on technical topics that are of interest to both boards.

  • EFRAG reports on the additional public consultation and outreach on leases

    15 Oct 2014

    In July and August 2014, EFRAG and the National Standard Setters from France, Germany, Italy and the UK performed additional public consultations on the two different approaches for lessees proposed by the IASB and FASB. The consultations were complemented by an outreach event in September 2015. Reports with the insights from the consultations and the outreach event are now available.

  • IFRS Foundation revamps eIFRS portal

    15 Oct 2014

    The IFRS Foundation has updated its eIFRS suite of online resources and now includes three levels of subscription: basic, professional and comprehensive. The updated eIFRS website features a new, easier-to-navigate user interface and offers better search functionality.

  • IFRSs 'reduce friction' in the global financial system

    15 Oct 2014

    At the thirty-first session of the United Nations Conference on Trade and Development (UNCTAD) Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR) that is currently being held in Geneva, the Chairman of the IFRS Foundation, Michel Prada, spoke this morning about the importance of global accounting standards, how they are applied around the world, and what the IFRS Foundation, with the help of other organisations, is doing to ensure that they are implemented rigorously and consistently.

  • EFRAG Update detailing September/October developments

    14 Oct 2014

    The European Financial Reporting Advisory Group (EFRAG) has released a new issue of its 'EFRAG Update' newsletter, summarising the discussions held at the EFRAG CFSS meeting of 18 September 2014, the EFRAG TEG conference calls of 16 September and 1 October 2014 and the EFRAG TEG meeting of 8 and 9 October 2014.

  • Agenda for October 2014 IASB meeting

    13 Oct 2014

    The International Accounting Standards Board (IASB) will meet at its offices in London on 22–24 October 2014. Part of the meeting will be held jointly with the Financial Accounting Standards Board (FASB) to discuss the leases project. Additionally, the IASB will discuss the research programme, the disclosure initiative, issues from the IFRS Interpretations Committee, investment entities, the IFRS for SMEs, the conceptual framework, and insurance contracts.

  • Survey on the PIE definitions applicable in European countries

    13 Oct 2014

    The Federation of European Accountants (Fédération des Experts-comptables Européens, FEE) has conducted a survey on the definitions of Public Interest Entities (PIEs) applicable in Europe. The definitions have significant impact on the accounting and audit requirements for companies active in the European market.