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IFRS

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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

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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

Global standard setter examines convergence agenda

IASB chairman Hans Hoogervorst tells Melbourne conference convergence should not be the only objective for global standard setters

25 Nov 2011

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#AAYP 2013: Talent is ageless, but youth unemployment is a problem

The principles of developing future leaders apply whether you've just left school or got years of experience under your belt

To quota or not to quota: that is the problem

Women on board quotas may have a bad rep, but it’s the only way to address inherent bias argues Fiona Hotston Moore

#AAYP 2013: Soft skills will be a necessity to being competitive

Accountants must continue to add value by advising our clients more predominantly on their structure and their long-term objective

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Walk before you can run, lessons on choosing the right IT system

Stepping back and choosing a simpler IT system might be the best way forward for the business explains Christophe Letellier

Colin: Colin was here

Colin loves to be the centre of attention, as the Sky News Twitter account can testify

Taking Stock: Life in the slow lane

It was less Wacky Races and more Sunday driving as a team from Reeves helped raise £15,000 for charity as part of a race to Monaco

Colin: Democracy bureaucracy

Colin wonders what the ICAEW's discussions over the botched ballot were like

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Briefings

budget-management

Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.

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iXBRL: Taking stock. Looking forward

In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.