MEPs have asked EC to explain how IASB will avoid conflicts of interest and be democratically accountable Read More...
View articleFRS issues accounting requirements to plug gap in insurance contract accounting although this may change in the future Read More...
View articleRelease of EU funding streams contingent upon sufficient reform to prevent conflicts of interest Read More...
View articleThe lack of a single asset impairment model between the IASB and FASB leaves preparers playing piggy in the middle Read More...
View articleColin wonders how accountants would feel without the issue of reporting standards Read More...
View articleICAEW & Mazars' conflicts of interest with IFRS review indicative of relationship between profession and regulators Read More...
View articleThe IFRS Foundation overhauls governance processes in light of continued shortcomings in its filing record at Companies House Read More...
View articleMazars and the ICAEW review into effects of IFRS cancelled, while EC launches investigation into IFRS Foundation's reporting failings Read More...
View articleMEPs urge EC to cancel ICAEW and Mazars contract to review effects of IFRS; call for investigation into IASB reporting failings Read More...
View articleIASB oversight body admits failing to file information at Companies House in timely fashion, but denies its filings have been 'chaotic' Read More...
View articleDiscrepancies between US GAAP and IFRS are not sufficient reasoning for HP's writedowns after its deal to acquire Autonomy Read More...
View articleBroad definition of profit or loss "comes at a price", says IASB chair Read More...
View articleIASB issues an interim standard that allows rate-regulated entities to continue using local policies on adopting IFRS Read More...
View articleMazars and the ICAEW will assess whether the switch to IFRS has delivered the benefits that had been expected by the EU Read More...
View articleHow can accounting standards form a part of the battle between Autonomy and HP? Stephen Bouvier explains Read More...
View articleFRC urges IASB to reintroduce concepts of prudence, stewardship and reliability into conceptual framework Read More...
View articleHP hits back at former Autonomy directors' claim that an accounting misunderstanding is the real reason HP had to make multi-billion dollar writedown ...
View articleDetractors must recognise that disclosure will bring benefits, not just for investors and analysts, but for businesses too Read More...
View articleReview of the accounts of 39 major European banks finds variance in the quality of disclosures Read More...
View articleIASB makes narrow scope amendments apply to contributions from employees or third parties to defined benefit plans Read More...
View articleIASB adopts principles-based approach to hedge accounting which better reflects companies' risk management strategies Read More...
View articleFRC consults on changes to hedge accounting rules Read More...
View articleIFRS Foundation recruits Grant Thornton as auditor after it asks BDO to step down following 11 years in the role Read More...
View articleThe view of the many isn't necessarily right, but the IASB appears to be alone in defending its stance on prudence Read More...
View articleFRC investigation into company reporting finds evidence of straightforward non-compliance in smaller companies Read More...
View articleChanging IFRS for European purposes could lead to incompatible standards, warns Michael Prada Read More...
View articleFRC suggests interim standard for rate-regulated entities "disadvantageous" to countries that already use IFRS Read More...
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