IFRS | AccountingWEB


Most finance departments aren't ready for 

The ICAEW has told the International Accounting Standards Board (IASB) to broaden its conceptual framework for financial reporting.

A round-up of the latest news, appointments, executive moves and acquisitions from the world of practice during May 2015.


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