Charities receive billions of pounds in donations each year but their rules vary.
Over the past decade the discussion has intensified around moving towards a more uniform global language for financial reporting.
The International Accounting Standards Board (IASB) and its US counterpart the FASB have agreed parts of a new accounting standard for eevenue recognition - although a final version is not expe
The International Accounting Standards Board (IASB) has issued a revised draft of its conceptual framework after tackling other issues stemming from the financial
International accounting standards came under sustained attack in a Parliamentary committee hearing into banking yesterday.
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.
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