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  • IASCF seeks members for two XBRL committees

    31 Jul 2007

    The Trustees of the IASC Foundation have invited applications for membership of two committees relating to the Foundation's work on XBRL – an XBRL Advisory Council (XAC) and an XBRL Quality Review Team (XQRT):

  • New AICPA standard on valuation

    30 Jul 2007

    The Consulting Services Executive Committee of the American Institute of Certified Public Accountants (AICPA) announced today the release of a new professional standard on valuation services, Statement on Standards for Valuation Services No. 1 (SSVS No. 1) Valuation of a Business, Business Ownership Interest, Security, or Intangible Asset.

  • IFRIC agenda project pages updated

    30 Jul 2007

    We have updated the following IFRIC agenda project pages to reflect discussions and decisions at IFRIC's meeting in July 2007.

  • We support enlarging IFRIC to 14 members

    28 Jul 2007

    Deloitte has submitted a Letter of Comment to the Trustees of the IASC Foundation supporting their Proposal to increase the size of the International Financial Reporting Interpretations Committee from 12 to 14 voting members.

  • Three new jurisdiction pages added

    27 Jul 2007

    We have added pages for Albania, Botswana, and Jordan describing each jurisdiction's financial reporting framework and explaining the extent to which IFRSs are used.

  • SEC seeks views on use of IFRSs by US listed companies

    26 Jul 2007

    Yesterday, the US Securities and Exchange Commission voted unanimously to publish a Concept Release for public comment on whether to allow US issuers, including investment companies, to prepare their financial statements using International Financial Reporting Standards (IFRSs) as published in English by the International Accounting Standards Board.