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Monday, 26 June 2017

IASB consults on proposed improvements to IFRS 8 Operating Segments

The IASB has published proposed improvements to the IFRS covering Operating Segments, IFRS 8, for public consultation. IFRS 8 Operating Segments was issued in 2006. It...

Leases Standard one year on: top implementation tips

The IASB issued the new Leases Standard, IFRS 16, one year ago, with a three-year implementation period. One third into that period, the organisation has...

IASB issues minor changes to IFRS

The IASB issued several amendments to IFRS Standards and an Interpretation that clarifies the requirements in particular Standards. These changes are part of the Board’s...

IASB reveals its ‘to-do list’ for the next five years

The IASB have published the conclusions from its recent Agenda Consultation and its five-year work plan. Listening to feedback from stakeholders, the Board has confirmed that...

IPSASB PUBLISHES IPSAS 39, EMPLOYEE BENEFITS

The IPSASB has published IPSAS 39, Employee Benefits, which will replace IPSAS 25, Employee Benefits, on January 1, 2018, with earlier adoption encouraged. This limited-scope...

Five years on: Korea sees benefits of IFRS adoption

The adoption of IFRS Standards has had a positive impact on international financing for Korean firms, according to research conducted by the Korean Accounting...

IOSCO and IFRS Foundation to strengthen cooperation in the development and implementation of IFRS...

The IOSCO and the IFRS Foundation have today announced a Statement of Protocols that describes an ambitious programme of work to promote and facilitate...

Asia progresses towards IFRS

There has been progress towards the adoption of IFRS Standards in Asia over the past year, with three-quarters of jurisdictions in the region now...

The IASB Investors in Financial Reporting programme welcomes new British, French and Japanese investment...

The IASB announced that BNP Paribas Investment Partners, Odey Asset Management and Sumitomo Mitsui Trust Bank are the newest members of its Investors in Financial...

FRC has called on the IASB to reconsider its proposed Conceptual Framework

The FRC has called on the IASB to reconsider its proposed Conceptual Framework so that it properly reflects the importance of stewardship, prudence and...

Latest article

ICAEW: Political stability vital for strong financial leadership

Commenting on the Public Sector Finances for May 2017, published today by the ONS, Ross Campbell, ICAEW Public Sector Director, said: In the wake of...

Number One Employer for Social Mobility is…

Grant Thornton UK LLP has been recognised for its significant action to improve social mobility in the workplace.   In what is believed to be...

AICPA Praises House for Passing Mobile Workforce Bill

The AICPA applauded the U.S. House of Representatives today for passing the Mobile Workforce State Income Tax Simplification Act of 2017, H.R. 1393.  The bill would simplify state...