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26 Votes Vote

IFAC urges G20 to call for global adoption of IFRSs

Posted by admin 11 hours ago General
http://www.iasplus.com — The International Federation of Accountants (IFAC) has submitted recommendations for endorsement by the Group of Twenty (G20) during their meeting in China on 4-5 September 2016. Read More
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39 Votes Vote

New Chair and Vice-Chair for the IASB's Islamic Finance Consultative Group

Posted by admin 1 day 11 hours ago General
http://www.iasplus.com — The IASB has updated its website detailing the work of its Islamic Finance Consultative Group. As a result of the agenda consultation 2011, the IASB noted Islamic accounting as one of the possible issues for its agenda post 2011 and created a consultative group for Sharia'a-compliant instruments and transactions, which has now been renamed. Read More
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19 Votes Vote

New guide to IFRS Taxonomy common practice content

Posted by admin 1 day 11 hours ago General
http://www.iasplus.com — The IFRS Taxonomy contains some content that reflects new common practice regarding disclosures entities commonly provide in practice when applying IFRSs. These disclosures are not explicitly referred to in the standards or the accompanying materials. Read More
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40 Votes Vote

Hans Hoogervorst discusses the IASB's future strategy at African conference

Posted by admin 2 days ago General
http://www.iasplus.com — At the Joint IFRS Foundation, PAFA, and ICPAK Conference in Nairobi, Kenya, IASB Chairman Hans Hoogervorst gave a speech titled ‘Latest developments and future focus'. He discussed (1) how Africa can use IFRS to achieve economic progress and (2) the IASB's new 'better communication' initiative. Read More
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23 Votes Vote

Summary of the July 2016 ITCG conference call

Posted by admin 4 days ago General
http://www.iasplus.com — The IASB has published notes to the IFRS Taxonomy Consultative Group (ITCG) conference call held on 28 July 2016. Read More
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24 Votes Vote

Saudi companies need to reveal IFRS progress

Posted by admin 4 days ago General
http://www.iasplus.com — Listed entities in Saudi Arabia will have to report under IFRSs as adopted by the Saudi Organization for Certified Public Accountants (SOCPA) as off 1 January 2017. The Saudi Capital Market Authority (CMA) now requires disclosures regarding the entities' progress on adoption. The resolution could be seen as the result of lessons learned from IFRS transition in other jurisdictions that did not hav Read More
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29 Votes Vote

Recent integrated reporting developments

Posted by admin 7 days ago General
http://www.iasplus.com — A summary of recent developments at the IIRC, IAAER, ACCA, and IAASB. Read More
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39 Votes Vote

Joint IASB and FASB webcast on revenue

Posted by admin 8 days ago General
http://www.iasplus.com — On 15 September 2016, the IASB and FASB will host a joint webcast to discuss implementation of the requirements in IFRS 15 'Revenue from Contracts with Customers' and ASC 606. Read More
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29 Votes Vote

FASB proposes guidance on presentation

Posted by admin 14 days ago General
http://www.iasplus.com — The US Financial Accounting Standards Board (FASB) has released an exposure draft proposing changes related to how items are presented in a financial statement as part of the FASB’s larger project to create a new conceptual framework. Read More
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40 Votes Vote

2016 IFRS 'Green Book' coming soon

Posted by admin 15 days ago General
http://www.iasplus.com — The IFRS Foundation has announced that 'A Guide through IFRS 2016' will be available in September. Read More
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16 Votes Vote

IASB provides updates to insurance project

Posted by admin 16 days ago General
http://www.iasplus.com — The IASB has provided additional information on its upcoming insurance standard related to field work, feedback statement on its Exposure Draft (ED), “Insurance Contracts”, and the effect of board redeliberations. Read More
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