The International Accounting Standards Board (IASB) has issued a revised draft of its conceptual framework after tackling other issues stemming from the financial
Company annual reports are often long and unclear as auditors and finance directors cram them with information to satisfy regulators, according to the International Accounting Standards Board (
During 2012, the progress of financial reporting convergence continued to slow, particularly following the publication of an equivocal Securities and Exchange Commission (SEC) staff report in July.
Financial reporting expert Steve Collings sifts through the latest IASB exposure draft containing amendments to 11 standards.
UK and European bodies are continuing to push US investors and the Securities and Exchange Commission (SEC) to make up their minds on whether it will incorporate International Financial Reporti
The International Accounting Standards Board (IASB) has proposed to define investment entities as a separate type of entity that would be exempt from the accounting requirements in IFRS 10 Cons
Two leading accountancy bodies have called for company financial statements to be cut by 30%, resulting in more focused information and greater clarity in annual reports.
This month should see the IASB introduce a ‘package’ of five new international financial reporting standards (IFRS) relating to consolidation, joint ventures and disclosures.