ICAEW helps US focus on global standards
Accounting Standards

ICAEW helps US focus on global standards

13y Idris Nagri

ICAEW helps US focus on global standards

The ICAEW is focusing on IFRS, chairing a debate of the future of the standards in the US and hosting a webinar for UK local authorities Read More...

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IASB requests guidance on future work
Accounting Standards

IASB requests guidance on future work

13y Idris Nagri

IASB requests guidance on future work

International standards setters ask for direction on the focus of their work post convergence Read More...

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Global standard setters re-expose leasing draft
Accounting Standards

Global standard setters re-expose leasing draft

13y Idris Nagri

Global standard setters re-expose leasing draft

Standard setters invite more comment on common leasing standard as board decisions have moved on Read More...

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IVSC launches new financial instruments standards
Accounting Standards

IVSC launches new financial instruments standards

13y Idris Nagri

IVSC launches new financial instruments standards

International valuation standards enjoy a facelift, with new rules relating to financial instruments and intangible assets Read More...

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Barnier nixes Greek rescue via IFRS 9
Accounting Standards

Barnier nixes Greek rescue via IFRS 9

13y Idris Nagri

Barnier nixes Greek rescue via IFRS 9

Barnier dismisses calls for early adoption of IFRS 9 by those who say it will ease the Greek sovereign debt crisis Read More...

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IASB optimism buoys annual report
Accounting Standards

IASB optimism buoys annual report

13y Idris Nagri

IASB optimism buoys annual report

The IASB's annual report shows optimism and hopes for better days once the rush to US convergence is over Read More...

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US public pensions accounting 'understates liabilities'
Accounting Standards

US public pensions accounting 'understates liabilities'

13y Idris Nagri

US public pensions accounting 'understates liabili...

US public pensions could allow plans to understate liabilities, leading government standard setters to propose revised rules Read More...

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Setters bring financial instruments standard in line
Accounting Standards

Setters bring financial instruments standard in line

13y Idris Nagri

Setters bring financial instruments standard in li...

The Accounting Standards Board has amended FRS 29 in line with changes made to IFRS 7 in October last year Read More...

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Risk vs. Riches - can accounting standards change pension plans?
Accounting Standards

Risk vs. Riches - can accounting standards change pension plans?

13y Idris Nagri

Risk vs. Riches - can accounting standards change ...

A new accounting standard could encourage less risky pension investing, though experts are not convinced Read More...

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IASB chief: New standard would mitigate Greek risk
Accounting Standards

IASB chief: New standard would mitigate Greek risk

13y Idris Nagri

IASB chief: New standard would mitigate Greek risk

IASB chairman says new standard would lessen the pain of exposure to Greek liabilities Read More...

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Government switch to IFRS 'successfully completed'
Accounting Standards

Government switch to IFRS 'successfully completed'

13y Idris Nagri

Government switch to IFRS 'successfully completed'

Government accounts are now prepared in IFRS following a successful switch, the FRAB has stated Read More...

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Incoming IASB chief talks post-convergence agenda
Accounting Standards

Incoming IASB chief talks post-convergence agenda

13y Idris Nagri

Incoming IASB chief talks post-convergence agenda

New chairman Hans Hoogervorst underlines remaining tasks after completion of global standards Read More...

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IFRS championed by SEC commissioner
Accounting Standards

IFRS championed by SEC commissioner

13y Idris Nagri

IFRS championed by SEC commissioner

Support shown in address to Society of Corporate Secretaries and Governance Professionals Read More...

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US SEC roundtable to examine international reporting standards
Accounting Standards

US SEC roundtable to examine international reporting standards

13y Idris Nagri

US SEC roundtable to examine international reporti...

Investors, small public companies and regulators to discuss IFRS Read More...

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Bank of England weighs in on loss provisioning
Accounting Standards

Bank of England weighs in on loss provisioning

13y Idris Nagri

Bank of England weighs in on loss provisioning

The Bank of England's recent Financial Stability Report touches on loss provisioning, currently the subject of much debate among IFRS experts Read Mor...

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New standard slaps £325m costs on finance sector
Accounting Standards

New standard slaps £325m costs on finance sector

13y Idris Nagri

New standard slaps £325m costs on finance sector

Finance companies will be hit by higher costs and lower profits as a result of the new accounting standards IAS19, a new survey found Read More...

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Insurers fear volatility of IFRS 'black hole'
Accounting Standards

Insurers fear volatility of IFRS 'black hole'

13y Idris Nagri

Insurers fear volatility of IFRS 'black hole'

Insurers have branded phase II of IFRS as creating unnecessary volatility Read More...

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Japanese manufacturers 'need more time' for IFRS switch
Accounting Standards

Japanese manufacturers 'need more time' for IFRS switch

13y Idris Nagri

Japanese manufacturers 'need more time' for IFRS s...

Japanese manufacturers say the move to IFRS is burdensome for asset-rich companies and they need more time Read More...

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E&Y: Speak now to keep reduced disclosure option
Accounting Standards

E&Y: Speak now to keep reduced disclosure option

13y Idris Nagri

E&Y: Speak now to keep reduced disclosure opti...

E&Y calls on stakeholders to contribute as standard setters re-think financial reporting requirements Read More...

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IFRS doubters stung by government audit report verdict
Accounting Standards

IFRS doubters stung by government audit report verdict

13y Idris Nagri

IFRS doubters stung by government audit report ver...

IFRS critics have attacked the government's response to the Lords' audit report, which dismissed claims that IFRS lacks prudence Read More...

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RBS ignores accusations of accounting shortfall
Accounting Standards

RBS ignores accusations of accounting shortfall

13y Idris Nagri

RBS ignores accusations of accounting shortfall

RBS declined to respond to a letter warning poor accounting was distorting its profits Read More...

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Ireland's central bank 'likely to move on loan loss reporting'
Accounting Standards

Ireland's central bank 'likely to move on loan loss reporting'

13y Idris Nagri

Ireland's central bank 'likely to move on loan los...

Ireland's Central Bank may further its plans to force banks to report expected as well as incurred loss Read More...

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SEC staff paper gives clues to convergence
Accounting Standards

SEC staff paper gives clues to convergence

13y Idris Nagri

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 Read More...

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Lords may publish government response to audit inquiry
Audit

Lords may publish government response to audit inquiry

13y Idris Nagri

Lords may publish government response to audit inq...

A meeting of the Economic Affairs Committee will decide whether to publish the government response to the Lords' audit inquiry Read More...

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Financial Power List: half term reports
People Business

Financial Power List: half term reports

13y Idris Nagri

Financial Power List: half term reports

We've dusted down the mortar boards to write the mid-term reports on the class of the Accountancy Age Power List. Who is top and who needs to improve ...

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IFRS critics see momentum gathering
Accounting Standards

IFRS critics see momentum gathering

13y Idris Nagri

IFRS critics see momentum gathering

IFRS critics point to debate in Irish banking system as proof of lack-of-prudence concerns Read More...

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Provisioning for losses
Accounting Standards

Provisioning for losses

13y Idris Nagri

Provisioning for losses

Provisioning for losses has sparked furious debate and experts are hauling out accountancy tomes to fight their corner Read More...

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