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IFRS

International Accounting Standards Board

IASB proposes 11 amendments to IFRS

Amendments include changes to the IFRS 13 fair value measurement

04 May 2012

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Don’t delay reporting changes warn firms

E&Y and Grant Thornton warn Accounting Standards Board delays to implementing financial reporting changes could cost businesses

02 May 2012

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Pirc wants KPMG ousted as Standard Chartered auditor

Pirc is urging investors to vote against the bank's annual report; auditors and audit committee chair

26 Apr 2012

World is waiting as US dithers over IFRS

Sir David Tweedie warns that US elections could put convergence back ten years

25 Apr 2012

Problems with IAS 39 flare up again

Pirc claims that auditors are forcing boards to comply with IFRS rather than the law. Surely auditors would be mad to go against current standards?

12 Apr 2012

Stop using accounting as a scapegoat says FRAC chair

Blaming IFRS for poor judgment is like blaming tape measures for not building flood defences high enough

04 Apr 2012

IASB meets European accounting standard setters

IASB chairman Hans Hoogervorst meets European Financial Reporting Advisory Group to discuss progress on key accounting standards including insurance contracts, leases and revenue recognition

14 Mar 2012

Public sector IFRS: worth the effort?

Little drama from local government's move to IFRS, but was it worth the hard work in the first place?

28 Feb 2012

IFRS in the US could be ‘Chinese water torture’

IASB chairman Hans Hoogervorst is confident US regulators will ‘take a positive decision' to adopt IFRS

24 Feb 2012

Former Deloitte CEO takes IFRS Foundation role

Deloitte US' senior partner James Quigley joins Foundation to work on adoption of a global accounting standard

13 Feb 2012

ABI wants cover for insurance accounting

With insurance accounting up in the air, the ABI wants the right balance between consistency of application while avoiding the burden of new rules

07 Feb 2012

'Less revolutionary' UK accounting changes welcomed

ASB has listened during the consultation process on the future of UK accounting, say experts

30 Jan 2012

E&Y: UK finance executives unprepared for global accounting rules

UK finance department staff unprepared for 'big bang'in financial reporting

30 Jan 2012

Financial instruments accounting deadline eased

IFRS 9 mandatory date moves to 2015, from 2013

19 Dec 2011

IASB and FASB propose netting workaround

Gap between US and international rules for netting of derivatives assets and liabilities prove too difficult to bridge

19 Dec 2011

Shipping accounts lack clarity

Third of the biggest shipping companies fail to produce publicly available accounts

16 Dec 2011

Local government IFRS adoption 'a significant challenge'

Local government has coped well will the "significant challenge" of global accounting standards, watchdog concludes

14 Dec 2011

Michel Prada takes IASB governance chieftainship

Frenchman Michel Prada is the IASB's new trustee chairman, ending a 12-month hunt

13 Dec 2011

US considers 'modified incorporation' of IFRS

US standard setters urge keeping the name US GAAP but merging with IFRS where possible

07 Dec 2011

US decision on IFRS delayed 'for at least a few months'

The US will miss its 2011 deadline to decide on switching to global accounting standards

06 Dec 2011

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Penny Avis' book Nevermind the Botox Rachel

Video: From corporate finance to author

Rachael Singh interviews self-published author and former Deloitte partner Penny Avis on her novel "Nevermind the Botox Rachel"

Managers must spot signs of staff stress

Learn to identify the symptoms of stress in your team, urges CABA

The Practitioner: Staff sit-down shocker

The Practitioner has plenty to think about after a senior staff member reveals the pair haven't 'chatted' for quite a while...

Time for consulting to re-balance?

Despite robust performance in 2011, the consulting industry must reduce its reliance on financial services clients, says Alan Leaman

businessman steps forward

Tax: Don't go back in the future

Forget retrospection and instead put the GAAR together properly to create certainty for business, says Gary Richards

CIMA and ICAEW accounts: all in the presentation

Fully transparent, or just one for the accountants? asks Kevin Reed

TS recalls Pet's star Healy's close links to HMRC

Tim Healy's recent run-in with the taxman isn't his only dealing with HMRC, TS recalls...

Colin: Cost-cutting a step too far

Finance function takes its toll at BBC offices

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Briefings

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Supplier statement reconciliations: Manual chore or critical value adding process?

By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.

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7 building blocks for business growth

Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities