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25 Votes Vote

FASB issues proposed ASU on insurance contracts

Posted by admin 10 hours ago General
http://www.iasplus.com — The FASB has issued a proposed Accounting Standards Update (ASU) 'Targeted Improvements to the Accounting for Long-Duration Contracts'. The FASB's project runs parallel to the IASB's project to replace IFRS 4. Read More
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25 Votes Vote

Updated overview of Ind AS

Posted by admin 3 days ago General
http://www.iasplus.com — The Institute of Chartered Accountants of India (ICAI) has published 'Indian Accounting Standards (Ind AS): An Overview (Revised 2016)'. Read More
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20 Votes Vote

IASB Chairman's welcome address at the World Standard-setters meeting

Posted by admin 4 days ago General
http://www.iasplus.com — In his opening remarks at the 2016 Word Standard-setters (WSS) meeting that is currently taking place in London, IASB Chairman Hans Hoogervorst spoke on IASB developments in the last 12 months, the Board's priorities for 2017 and beyond, and the cooperation between national standard-setters and the IASB. Read More
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30 Votes Vote

Information on the financial reporting framework in Iran added to IAS Plus

Posted by admin 4 days ago General
http://www.iasplus.com — We have set up a new jurisdiction page for Iran on IAS Plus. Currently, Iranian companies have to apply Iran GAAP. However, a plan has been approved that the 100 largest listed companies in Iran and all banks will have to present IFRS financial statements for the fiscal year ending on 21 March 2017; all other listed companies are expected to present IFRS financial statements in 2018. Read More
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21 Votes Vote

IASB updates work plan

Posted by admin 6 days ago General
http://www.iasplus.com — Following its September 2016 meeting, the IASB has updated its work plan. Of the progress or slippage that can be traced the most noticeable is the expected point of time the final standard on insurance contracts will be published: March 2017. Read More
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15 Votes Vote

September 2016 IASB meeting notes posted — Part 2 (concluded)

Posted by admin 8 days ago General
http://www.iasplus.com — The IASB met at its offices in London on 20 and 22 September 2016. We have posted the remaining Deloitte observer notes from the five sessions on the Conceptual Framework held today. Read More
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36 Votes Vote

New and revised pronouncements as at 30 September 2016

Posted by admin 8 days ago General
http://www.iasplus.com — Our popular summary of new and revised financial reporting requirements, updated for financial reporting periods ending on 30 September 2016. This listing can be used to perform a quick check that new financial reporting requirements such as new and revised accounting standards and interpretations, and amendments to standards and interpretations, have been fully considered in the reporting close Read More
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29 Votes Vote

IASB publishes editorial corrections

Posted by admin 9 days ago General
http://www.iasplus.com — The IASB has published a batch of editorial corrections that impact consequential amendments, stand-alone standards, and the IASB's “Blue Book”, "Red Book", and "Green Book". Read More
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24 Votes Vote

September 2016 IASB meeting notes posted — Part 1

Posted by admin 10 days ago General
http://www.iasplus.com — The IASB is meeting at its offices in London on 20 and 22 September 2016. We have posted the Deloitte observer notes from the five sessions held today. Read More
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26 Votes Vote

FASB proposes additional technical corrections and improvements to its new revenue standard

Posted by admin 11 days ago General
http://www.iasplus.com — The US Financial Accounting Standards Board (FASB) has issued a proposed Accounting Standards Update (ASU), “Technical Corrections and Improvements to Update 2014-09, 'Revenue From Contracts With Customers' (Topic 606) — Additional Corrections,” which would make minor changes to the Board’s new revenue guidance. This proposed ASU is the second set of technical corrections on revenue proposed by t Read More
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41 Votes Vote

AcSB submits paper for ASAF discussion of rate regulation

Posted by admin 11 days ago General
http://www.iasplus.com — During the upcoming meeting of the Accounting Standards Advisory Forum (ASAF) at the IASB's offices in London on 29 September 2016, members will discuss rate-regulated activities. The Canadian Accounting Standards Board (AcSB) has submitted a paper on 'Results of research on the decision-usefulness of financial information that reflects the economics of rate-regulated activities' for the discussi Read More
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