• IAS 21 – Determination of functional currency of an investment company holding (PDF 30k)
• IAS 32 – Shareholder discretion (PDF 28k)
• IAS 39 – Unit of account for forward contracts with volumetric optionality (PDF 29k)

We do agree with IFRIC's tentative not to add to its agenda IAS 36 – Interaction with transition requirements of IFRS 8 (PDF 27k)

 

He explained the Japanese step-by-step roadmap toward the full adoption of IFRSs for listed companies by 2015 or 2016, including the voluntary early adoption that has already started from 1 April 2009. Click to Download Mr Kono's Presentation (PDF 145k).

 

• Boletín de Actualización IAS Plus – Exención limitada de las revelaciones comparativas del IFRS 7 para quienes adoptan por primera vez (PDF 18k) Spanish version of IAS Plus Update February 2010 – Limited Exemption from Comparative IFRS 7 Disclosures for First-time Adopters (PDF 75k)

You will find our resources in Spanish Here.

 

This checklist is intended to aid entities reporting under Hong Kong Financial Reporting Standards (HKFRSs) in determining whether or not they comply with the presentation and disclosure requirements of HKFRSs and the applicable Hong Kong Companies Ordinance. The checklist also includes disclosures required by The Stock Exchange of Hong Kong in relation to the preparation of an annual report by a listed entity. This checklist complements HKFRS Illustrative Annual Financial Statements for 2009 (PDF 1,214k) issued in January 2010. This checklist covers the presentation and disclosure requirements effective for the year ended 31 December 2009. It also covers the presentation and disclosure requirements of certain Standards and Interpretations in issue at 15 November 2009 that are not effective for periods beginning on 1 January 2009. Earlier application of those Standards and Interpretations that are not yet mandatorily effective is generally permitted. This checklist does not address the requirements of HKFRSs in relation to the recognition and measurement.

Click to view HKFRS Presentation and Disclosure Checklist for 2009 (PDF 2,393k).

 

This 'white paper' distills the evaluation of financial reporting risk into three major components:

• People and organisational considerations
• Process and policy considerations
• Systems and information considerations

By posing probing questions to those with oversight of these areas, a CFO can develop a clearer view of the organization's current state of financial reporting risks and can champion improvements designed to reduce reporting risk as well as improve the effectiveness of the process. Click to download Reducing Financial Reporting Risk: It's More than Fixing Financial Controls (PDF 1,292k).

 

Click to view the preliminary and unofficial Notes Taken by Deloitte Observers at the Meeting.

 

This issue is titled Road to Convergence and focuses on the discussions held in the three hour long joint IASB-FASB meeting of 19 January and the subsequent FASB meeting on 27 January. The long awaited exposure draft is finally taking shape and although a few issues remain unresolved, the road to convergence for insurance accounting is in sight. The expected publication date of the Exposure Draft is May 2010 with a comment period until September 2010. Click to download Issue 11 of the Insurance Accounting Newsletter (PDF 105k).

 

It is the German translation of the 2009 IFRS Presentation and Disclosure Checklist. Click to view IFRS Checkliste zu Ausweis- und Angabevorschriften 2009 (PDF 1,683k, 180 pages).

 

Azerbaijani banks and major state-owned enterprises were already required to report under IFRSs.

 

The new Commissioners take office on 10 February 2010 for terms that end 31 October 2014. By that vote, Michel Barnier of France was approved as Commissioner for Internal Market and Services. Among other things, his responsibilities will cover accounting and auditing matters, including liaison with the International Accounting Standards Board and the IASC Foundation. Mr Barnier replaces Charlie McCreevy. Click for Mr Barnier's CV (PDF 76k).