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.

2009

  • EU will create 3 financial supervisory authorities

    04 Dec 2009

    The Council of Finance and Economics Ministers of the European Union, meeting in Brussels on 2 December 2009, agreed on a general approach on draft regulations that would create three new authorities for the supervision of financial services in the EU, namely:

  • Eight IFRSs await EU endorsement

    04 Dec 2009

    The European Financial Reporting Advisory Group (EFRAG) has updated its report showing the status of endorsement of IFRSs under the EU Accounting Regulation.

  • IPSASB consults on sustainability reporting

    02 Dec 2009

    The International Public Sector Accounting Standards Board (IPSASB) of the International Federation of Accountants (IFAC) has published a Consultation Paper Reporting on the Long-Term Fiscal Sustainability of Public Finances.

  • Japan will allow some companies to use IFRSs

    02 Dec 2009

    As we Reported in June 2009, on 30 June 2009, the Business Accounting Council (advisory body to the Financial Services Authority of Japan (FSA)) approved its Opinion on the Application of International Financial Reporting Standards (IFRS) in Japan (Interim Report).

  • Notes from Tokyo fair value roundtable

    01 Dec 2009

    On 27 November 2009, the IASB held a roundtable at the ASBJ offices in Tokyo, Japan, to discuss its Fair Value Measurements exposure draft (ED).

  • Role of the audit committee in IFRS conversion

    01 Dec 2009

    Deloitte (United States) has published an Audit Committee Brief newsletter on Making the Transition to IFRS: The Role of the Audit Committee. The newsletter identifies specific steps the audit committee can take, along with other board committees and management, to help develop the company's strategic plan on IFRSs.

  • IFRS conversion in the real estate industry

    01 Dec 2009

    Deloitte (United States) has published Ten Lessons from European IFRS Conversion in the Real Estate Industry as a guide to help US real estate companies think about potential conversion to IFRSs.