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News

  • FEE 'cannot envisage' any alternative to IFRSs

    10 Oct 2014

    The Federation of European Accountants (Fédération des Experts-comptables Européens, FEE) has responded to the European Commission's questionnaire seeking respondents' views on the impact of International Financial Reporting Standards (IFRS) in the European Union. FEE believes the use of IFRSs offers crucial benefits for the EU in remaining competitive, attracting foreign investment and restoring confidence in European financial markets. FEE even states that the scope of the IAS Regulation should be expanded.

  • IFAC provides recommendations to G-20

    08 Oct 2014

    The International Federation of Accountants (IFAC) has issued a letter to the G-20 outlining eight recommendations for the G-20 to consider at the G-20 Leader’s Summit on 15-16 November 2014. The recommendations focus on supporting economic growth and a resilient economy as well as addressing financial regulatory reform and the international taxation system. They include the adoption and implementation of IFRSs.

  • Agenda for October 2014 CMAC meeting

    08 Oct 2014

    Representatives from the International Accounting Standards Board (IASB) will meet with the Capital Markets Advisory Council (CMAC) in London on Thursday, 16 October 2014. The agenda for meeting has been released, and includes discussions on rate regulation, fair value measurement, the post-implementation review of IFRS 8, business combinations, the disclosure initiative, and the involvement of investors on research projects.

  • Hans Hoogervorst speaks on corporate governance

    02 Oct 2014

    Today, at the 2014 IOSCO Conference, IASB Chairman Hans Hoogervorst provided his comments on the role global accounting standards play in strengthening corporate governance in the capital markets.

  • Trustees aim at limited Constitution review

    02 Oct 2014

    Among the agenda papers released for the upcoming meeting of the IFRS Advisory Council, which is being held in London on 13-14 October 2014, is a paper on the upcoming review of the structure and effectiveness of the IFRS Foundation.

  • 31st annual ISAR meeting will focus on compliance and enforcement

    02 Oct 2014

    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) will be held in Geneva on 15-17 October 2014. The main agenda item of the session will be monitoring of compliance and enforcement of international corporate reporting standards and codes.

  • Second EDTF progress report on the implementation of disclosure recommendations

    01 Oct 2014

    In October 2012, the Enhanced Disclosure Task Force (EDTF) presented a report to the Financial Stability Board (FSB) recommending key enhancements to the risk disclosures made by banks. The report identified seven fundamental principles for enhancing risk disclosure and included 32 specific recommendations. After a first progress report published in 2013, the EDTF has now published a second progress report in line with its original report.

  • September 2014 IASB meeting notes — Part 2

    30 Sep 2014

    The IASB's meeting was held on 22–24 September 2014. We have posted Deloitte observer notes from Wednesday's sessions on the post-implementation review of IFRS 3 and IFRS Interpretations Committee issues.