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  • IAASB (International Auditing and Assurance Standards Board) (lt gray) Image
    IAESB (International Accounting Education Standards Board) (lt gray) Image
  • IAASB, IESBA, and IAESB outline need for more professional scepticism

    15 Aug 2017

    The International Auditing and Assurance Standards Board (IAASB), the International Ethics Standards Board for Accountants (IESBA), and the International Accounting Education Standards Board (IAESB) have jointly published 'Toward Enhanced Professional Skepticism'.

  • ICAEW (Institute of Chartered Accountants in England and Wales) (lt green) Image
  • ICAEW report on non-comparable disclosure under IFRS

    03 Aug 2017

    The Institute of Chartered Accountants in England and Wales (ICAEW) has released a report 'Disclosure quality and international comparability under IFRS: evidence from pension discount rates, impairment and capitalisation of development costs' that argues that non-comparable disclosure under IFRS is a problem.

  • CMAC (Capital Markets Advisory Committee) (mid blue) Image
  • CMAC call for members

    31 Jul 2017

    The IASB's Capital Markets Advisory Committee (CMAC) is currently seeking applications for membership after the terms of a number of members expire at the end of 2017.

  • IFRS Foundation (blue) Image
  • IFRS Foundation publishes results of a reputation research study

    31 Jul 2017

    The IFRS Foundation has published a report with findings of a reputation research study conducted between February and May 2017. The objective of the study was to learn about (1) the perceived performance of the Foundation as regards reputation attributes such as transparency and independence, (2) perceptions of engagement and consultation, and (3) whether it is felt that the Foundation meets its public interest mission and delivers on its objectives.

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  • A roadmap to foreign currency transactions and translations (2017) Image
  • A roadmap to foreign currency transactions and translations (2017)

    published 18 Aug 2017

    This Roadmap provides Deloitte’s insights into and interpretations of the accounting guidance under ASC 830. Each chapter of the publication typically starts with a brief introduction and includes excerpts from ASC 830, Deloitte’s interpretations of those excerpts, and examples to illustrate the relevant guidance. The publication also addresses relevant SEC considerations and highlights from the meetings of the CAQ SEC Regulations Committee’s International Practices Task Force. In addition, the Roadmap identifies pending content (in certain circumstances) from recently issued ASUs.

  • IFRS on Point — June 2017 Image
  • IFRS on Point — June 2017

    published 26 Jul 2017

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

  • Heads Up — FASB makes targeted changes to guidance on accounting for certain financial instruments with down-round features Image
  • Heads Up — FASB makes targeted changes to guidance on accounting for certain financial instruments with down-round features

    published 21 Jul 2017

    This Heads Up discusses FASB Accounting Standards Update (ASU) No. 2017-11, which makes limited changes to the Board’s guidance on classifying certain financial instruments as either liabilities or equity. The ASU is intended to improve (1) the accounting for instruments with “down-round” provisions and (2) the readability of the guidance in ASC 480 on distinguishing liabilities from equity by replacing the indefinite deferral of certain pending content with scope exceptions.

  • EITF Snapshot — July 2017 Image
  • EITF Snapshot — July 2017

    published 21 Jul 2017

    This issue summarizes the topics discussed and conclusions reached at the July 20, 2017, meeting of the Emerging Issues Task Force.

  • Heads Up — Crisis adverted Image
  • Heads Up — Crisis averted

    published 20 Jul 2017

    This Heads Up discusses the SEC staff’s announcement at today’s meeting of the Emerging Issues Task Force that the staff would not object to elections by certain public business entities (PBEs) to use the non-PBE effective dates for the sole purpose of adopting the FASB’s new standards on revenue and leases.

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