IFRS | AccountingWEB


Dear all,


I have made an onerous lease provision in my year-end accounts ended Sepember 2014.

I have a few questions:



I am a CIMA student that is looking to understand IFRS better from the practical point of view.



The International Accounting Standard Board (IASB) has changed its mind about a draft new rule for lease accounting, putting it at odds with its US counterpart.

A former SEC commissioner pronounced the end of international consensus on financial reporting earlier this month.

Companies need to improve how they account for mergers and acquisitions, the 

The requirement for companies to give a "true and fair" view of their business in their accounts is still fundamental to financial reporting

The International Accounting Standards Board (IASB) and its US counterpart the Financial Accounting Standards Board (FASB) have agreed a new accounting standard for when companies account for r

The European Commission terminated a €149,800 (£123,391) joint contract it awarded to Mazars and the ICAEW to investigate the impact of IFRS in the EU after just a month.


The principles underpinning international financial reporting standards (IFRS) need to be more practical and easier to understand, the Institute of Chartered Accountants of Scotland (ICAS) has


Accountants have welcomed changes in accounting rules to "hedge" accounting for when companies try to mitigate against  currency fluctuations. Nick Huber reports.