International Accounting Standards Board

Busy week for the IASB

The IASB has had a busy week, with updated standards and reports abounding

17 Jun 2011

Sir David Tweedie

New pension standard 'could cost companies £10bn'

New IASB standard could have huge cost implications but should boost transparency

17 Jun 2011


SEC staff paper gives clues to convergence

An SEC staff paper on convergence was well received by IFRS lovers who say it is a positive signpost

14 Jun 2011

Irish banks could report expected losses to boost confidence

Irish banks could move to expected loss model ahead of new IFRS standard in bid to boost confidence

03 Jun 2011

Globally comparable accounts - so near but so far

International standards convergence is nigh but will regional variations make globally comparable financial reports an impossible dream?

25 May 2011

US banks attack proposed accounting standards

US banks have attacked proposed accounting standards that could force them to bring derivatives on balance sheet, potentially inflating their numbers by trillions of dollars

13 May 2011

Financial crisis-inspired standards released

Three new global accounting standards have been published, dealing with financial crisis-related issues such as consolidation and disclosure

12 May 2011

International standard setters examine insurance

Unbundling insurance contracts discussed at recent IASB meeting

06 May 2011

International standard setting 'more practical than ever'

International standards setters improved outreach and moved slightly from theory-based approach, says expert

05 May 2011

International standards 'changed the value of accounts'

IFRS changed the value of accounts for users, according to insurers' body

05 May 2011

Investors question standard setters' focus

Investors worried their needs are being sidelined in favour of US convergence

03 May 2011

International standard setters review strategy

International standard setters ask for comment on 10-year works review and current strategy

27 Apr 2011

Insurers back international standard extension

The professional insurers' body has supported an extension to the IFRS convergence timetable, saying the extra time will ensure the new standards are high quality

26 Apr 2011

Progress on international accounting standards 'substantial'

The International Accounting Standards Board has said convergence progress is substantial, outlining projects completed since November and those where further work is required

21 Apr 2011

US consults on international accounting standards

US regulators, investors and smaller public companies will come together in July to discuss possible adoption of IFRS

21 Apr 2011

June deadline too tight for international standard setters

The International Accounting Standards Board will miss the June deadline for convergence on IFRS, and chairman David Tweedie says it could take a further six months to complete the programme

18 Apr 2011

International standards' credibility 'threatened' by board changes

A proposed extension of monitoring powers at the head of the International Accounting Standards Board has been attacked by the ICAEW

08 Apr 2011

Pace of change to new accounting rules frightens EC

Jeroen Hooijer warns that major accounting standards project requires more road-testing

31 Mar 2011

IFRS doesn't fit with XBRL technology, says US watchdog

SEC deputy chief accountant Mike Starr is concerned IFRS is too limited for new technology to standardise finance reports

30 Mar 2011

US executives unprepared for accounting changes

Research conducted by Deloitte finds US businesses are not ready for proposed lease accounting changes

24 Feb 2011

Page 7 of 18


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Bank raiding powers could put HMRC at top of insolvency pecking order

Will HMRC’s new bank raiding powers see insolvency practitioners pursuing it for funds taken illegally in the event of bankruptcy?

Miller's Tale: Quality time(sheets)

Love them or loathe them, timesheets are a part of day-to-day life for most practices. Cara Miller asks whether they're actually outdated, and a hindrance

The Practitioner: In death comes clarity

The untimely death of a client makes The Practitioner think about the role of an accountant


Probate: How to manage death and taxes

Mick Jones takes a sideways, but informative, view on the issues accountants face in offering probate services

Colin: There's nothing like a well-thought-out plan

Colin wonders whether some SMEs are keeping it too simple

Taking Stock: When tax is stranger than fiction

Sometimes you just can't make it up, TS finds

Scrapping IR35 all very well – but what else?

IR35 has proven ineffective, but 'what are the alternatives?' asks Calum Fuller

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HM Revenue & Customs

Head Of Financial Control

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