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, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.
The #1 website for global accounting news
  • IASB (International Accounting Standards Board) (blue) Image
  • Updated IASB work plan — Analysis

    22 Jun 2018

    Following the IASB's June 2018 meeting, we have analysed the IASB work plan to see what changes have resulted from the meeting and other developments in June. The work plan reveals that the discussion paper on financial instruments with characteristics of equity will be published next week.

  • FRC (United Kingdom Financial Reporting Council) Image
  • FRC Lab report on reporting performance metrics

    22 Jun 2018

    A new report from the Financial Reporting Lab of the UK Financial Reporting Council (FRC) includes a framework and set of questions for companies and their boards to consider when deciding on how they report their performance.

  • FASB (US Financial Accounting Standards Board) (lt blue) Image
    OIC (Italy Organismo Italiano di Contabilità) (lt blue) Image
  • FASB and OIC hold joint meeting

    22 Jun 2018

    On 21 June 2018, representatives of the US Financial Accounting Standards Board (FASB) and the Italian standard-setter Organismo Italiano di Contabilità (OIC) held a joint meeting in Norwalk. The meeting was the third bilateral meeting between the two standard-setters.

  • FRC (United Kingdom Financial Reporting Council) Image
  • FRC Lab report on blockchain

    20 Jun 2018

    A new report from the Financial Reporting Lab of the UK Financial Reporting Council (FRC) concludes that the growing use of blockchain means that those involved in corporate reporting processes need to consider its potential disruptive impact.

  • ASBJ (Accounting Standards Board of Japan) Image
    Japan Image
  • ASBJ proposes adopting IFRS 16 unmodified as JMIS

    18 Jun 2018

    The Accounting Standards Board of Japan (ASBJ) has issued proposed amendments to ‘Japan’s Modified International Standards (JMIS): Accounting Standards Comprising IFRSs and the ASBJ Modifications'.

  • IASB meeting (blue) Image
  • Pre-meeting summaries for the June IASB meeting

    15 Jun 2018

    On Tuesday 19 June the IASB and the US FASB are holding a joint education meeting. That is followed by a two-day meeting of the IASB on 20 and 21 June. We have posted our pre-meeting summaries for the meeting that allow you to follow the IASB’s decision making more closely. For each topic to be discussed we summarise the agenda papers made available by the IASB staff and point out the main issues to be discussed by the IASB and the staff recommendations.

  • AcSB (Accounting Standards Board - Canada) Image
  • AcSB publishes draft framework for reporting performance measures

    14 Jun 2018

    In order to help enhance the relevance of financial information, the Canadian standard-setter Canadian Accounting Standards Board (AcSB) has developed a framework responding to the needs of stakeholders about the performance measures reported by entities. The framework is aimed at enhancing the usefulness and transparency of performance measures for users when management chooses to report them outside financial statements.

News RSS Feed  Link
 
  • Heads Up — FASB simplifies the accounting for share-based payment arrangements with nonemployees Image
  • Heads Up — FASB simplifies the accounting for share-based payment arrangements with nonemployees

    published 21 Jun 2018

    This Heads Up discusses FASB Accounting Standards Update (ASU) No. 2018-07, "Improvements to Nonemployee Share-Based Payment Accounting," which simplifies the accounting for share-based payments granted to nonemployees for goods and services. Under the ASU, most of the guidance on such payments to nonemployees would be aligned with the requirements for share-based payments granted to employees.

  • june Image
  • EITF Snapshot — June 2018

    published 08 Jun 2018

    This issue summarizes the topics discussed and conclusions reached at the June 7, 2018, meeting of the Emerging Issues Task Force.

  • Financial Reporting Alert 18-7, Emerging Growth Companies — Common-Stock Repurchase Transactions Image
  • Financial Reporting Alert 18-7, Emerging growth companies — Common-stock repurchase transactions

    published 06 Jun 2018

    This Financial Reporting Alert discusses accounting, valuation, tax, and interpolation framework considerations for nonpublic entities related to various transactions involving the repurchase of a nonpublic entity’s common stock. Such stock transactions can be between the nonpublic entity and its employees, a preexisting investor and the nonpublic entity’s employees, or a new investor and the nonpublic entity’s employees.

  • IFRS on Point — June 2018 Image
  • IFRS on Point — June 2018

    published 06 Jun 2018

    IFRS on Point, published at the beginning of each month, highlights critical IFRS-related financial reporting developments.

  • Webcast (mid blue) Image
  • Robert Bruce interviews — Karim Hajjar CFO, Solvay

    published 01 Jun 2018

    In a wide-ranging video interview Karim Hajjar, CFO at chemical giant Solvay, talks to Robert Bruce about sustainable value, about the link between the financials and extra-financial influences, about the nature of sustainable value, how integrated thinking powers integrated management, how investors get to grips with the changes, the importance of assurance and verification, enthusing the CFO community, how far it is replicable in smaller companies, and how it all feeds through to the bottom line.

  • Tablet Image
  • Deloitte e-learning — IFRS 16 (advanced)

    published 31 May 2018

    This Deloitte e-learning module provides training in the background, scope and principles under IFRS 16 'Leases', and the application of this standard. This e-learning builds on the 'IFRS 16 Leases (basic)' e-learning module. In this module, you will deeper dive into the key principles of lease accounting and learn about areas of potential judgment in applying IFRS 16.

  • Tablet Image
  • Deloitte e-learning — IFRS 1

    published 30 May 2018

    This Deloitte e-learning module provides training in the background, scope and principles under IFRS 1 'First-time Adoption of International Financial Reporting Standards', and the application of this Standard. Topics covered include the general principles of IFRS 1, the application of the voluntary and mandatory exemptions to full retrospective application of standards, and presentation and disclosure requirements.

  • h1-2018-ifass Image
  • Report on the H1 2018 IFASS meeting

    published 30 May 2018

    Report summarising the discussions at the meeting of the International Forum of Accounting Standard Setters (IFASS) held in Mumbai on 12 and 13 April 2018.

  • More publications
  • Publication RSS Feed  Link
     

    Correction list for hyphenation

    These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.