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  • EFRAG welcomes extension of the convergence deadline

    Apr 23, 2011

    The European Financial Reporting Advisory Group (EFRAG) has posted to its website a press release welcoming the extension of the convergence deadline the IASB and FASB announced earlier this month.

  • IASB and FASB issue progress report on convergence programme

    Apr 21, 2011

    The International Accounting Standards Board (IASB) and Financial Accounting Standards Board (FASB) have published a progress report on improvements to International Financial Reporting Standards and US generally accepted accounting practices and their convergence.

  • The Bruce Column — Cluttering up the materiality arguments

    Apr 20, 2011

    It is the glib response. The sight of a 52-page booklet arriving on your desk bearing the title 'Cutting Clutter' could result in you, with unerring aim, tossing the thing over your shoulder into the recycling bin and following that up with a triumphant shout of: 'Job Done!'