IFRS Foundation launches review into its governance
Accounting Standards

IFRS Foundation launches review into its governance

9y Richard Crump , Writer

IFRS Foundation launches review into its governanc...

Global accounting standard setter set to review its governance, financing and effectiveness Read More...

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Industry bodies express delight at EC embrace of IFRS report
Accounting Standards

Industry bodies express delight at EC embrace of IFRS report

9y Chris Warmoll , Writer

Industry bodies express delight at EC embrace of I...

IFRS in the EU was aimed at improving the efficiency of EU capital markets by enhancing levels of transparency and the more meaningful comparisons of ...

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Nearly half of financial institutions at risk of missing 2018 IFRS 9 deadline
Accounting Standards

Nearly half of financial institutions at risk of missing 2018 IFRS 9 deadli...

9y Chris Warmoll , Writer

Nearly half of financial institutions at risk of m...

Despite the fact that full compliance with new IFRS 9 rules is estimated to take between two and three years to complete, majority have only just sta...

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IASB calls for one year deferment on IFRS 15 Revenue from Contracts with Customers
Accounting Standards

IASB calls for one year deferment on IFRS 15 Revenue from Contracts with Cu...

9y Chris Warmoll , Writer

IASB calls for one year deferment on IFRS 15 Reven...

The international accounting standards setter says main reason for the proposed deferral is the IASB is planning to issue an exposure draft of targete...

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IFRS 9 could hike banks’ loan loss provisioning by 50%
Accounting Standards

IFRS 9 could hike banks’ loan loss provisioning by 50%

9y Richard Crump , Writer

IFRS 9 could hike banks’ loan loss provisioning by...

Global banks are increasingly concerned that new IFRS 9 rules on credit exposures will lead to a dramatic increase in loan loss provision Read More...

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IFRS Foundation announces new appointments to its interpretations committee
Accounting Standards

IFRS Foundation announces new appointments to its interpretations committee

9y Chris Warmoll , Writer

IFRS Foundation announces new appointments to its ...

Jongsoo Han and Robert Uhl have both been appointed for a three-year term kicking off on 01 July 2015 Read More...

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IFRS Foundation calls for delay to revenue recognition
Accounting Standards

IFRS Foundation calls for delay to revenue recognition

9y Richard Crump , Writer

IFRS Foundation calls for delay to revenue recogni...

IASB will consider delaying new revenue recognition standard following similar move by FASB Read More...

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MEPs and EC at loggerheads over IFRS review
Accounting Standards

MEPs and EC at loggerheads over IFRS review

9y Richard Crump , Writer

MEPs and EC at loggerheads over IFRS review

EC must fully review legality of IFRS, how the IASB is run and demand full disclosure of all costs and expenses incurred by the IFRS Foundation, MEPs ...

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MEPs urge EC to investigate conflicts between IFRS and EU law
Accounting Standards

MEPs urge EC to investigate conflicts between IFRS and EU law

9y Richard Crump , Writer

MEPs urge EC to investigate conflicts between IFRS...

EU politicians urge full review of the compatibility of global accounting rules with EU law, in letter seen by Accountancy Age Read More...

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IASB seeks to widen global investor engagement in IFRS
Accounting Standards

IASB seeks to widen global investor engagement in IFRS

9y Chris Warmoll , Writer

IASB seeks to widen global investor engagement in ...

IASB seeks greater participation from international buy-side investor community Read More...

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IASB confirms line-up of IFRS 9 implementation group
Accounting Standards

IASB confirms line-up of IFRS 9 implementation group

10y Richard Crump , Writer

IASB confirms line-up of IFRS 9 implementation gro...

The 12-strong panel includes members of the Big Four, along with representatives from Barclays, Bank of China and Deutsche Bank Read More...

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IFRS ‘disconnected’ from true and fair, investors claim
Accounting Standards

IFRS ‘disconnected’ from true and fair, investors claim

10y Richard Crump , Writer

IFRS ‘disconnected’ from true and fair, investors ...

Group of institutional investors claim IFRS disconnected from the requirements for true and fair accounts Read More...

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IFRS 9 leaves much open to interpretation
Accounting Standards

IFRS 9 leaves much open to interpretation

10y Richard Crump , Writer

IFRS 9 leaves much open to interpretation

Judgement will play a key part in implementing new financial instruments standards, finds Richard Crump Read More...

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Banks take a forward view of losses under new IFRS rule
Accounting Standards

Banks take a forward view of losses under new IFRS rule

10y Richard Crump , Writer

Banks take a forward view of losses under new IFRS...

IASB issues finished financial instruments accounting standard, but fails in convergence attempts with FASB Read More...

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IFRS chair opens door for 'prudence' reintroduction
Accounting Standards

IFRS chair opens door for 'prudence' reintroduction

10y Richard Crump , Writer

IFRS chair opens door for 'prudence' reintroductio...

IFRS Foundation chair suggests prudence should be reinserted into conceptual framework Read More...

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Interview: Michel Prada defends IFRS Foundation governance
Corporate Governance

Interview: Michel Prada defends IFRS Foundation governance

10y Richard Crump , Writer

Interview: Michel Prada defends IFRS Foundation go...

Michel Prada tells Accountancy Age that criticism of IFRS Foundation governance structure is 'unfair' Read More...

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Taking Stock: IFRS pocket guide unlikely to end on Carney's book shelf
Accounting Standards

Taking Stock: IFRS pocket guide unlikely to end on Carney's book shelf

10y Taking Stock

Taking Stock: IFRS pocket guide unlikely to end on...

Bank of England governor at a loss over what to do with IFRS pocket guide Read More...

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Draghi tells EU to 'progress swiftly' in adopting IFRS 9
Accounting Standards

Draghi tells EU to 'progress swiftly' in adopting IFRS 9

10y Richard Crump , Writer

Draghi tells EU to 'progress swiftly' in adopting ...

European Central Bank president Mario Draghi tells policymakers in Europe to ‘progress swiftly in the adoption of IFRS 9' Read More...

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IASB forms working group ahead of IFRS loss model launch
Accounting Standards

IASB forms working group ahead of IFRS loss model launch

10y Naomi Rainey

IASB forms working group ahead of IFRS loss model ...

Group will focus on requirements for impairment of financial instruments under IFRS 9 Read More...

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ACCA calls for IFRS 3 to be reconsidered
Accounting Standards

ACCA calls for IFRS 3 to be reconsidered

10y Richard Crump , Writer

ACCA calls for IFRS 3 to be reconsidered

Accounting standard for the acquisition of businesses combinations needs reconsidering, says global accountancy body Read More...

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IFRS 9 leaves IASB with impaired convergence
Accounting Standards

IFRS 9 leaves IASB with impaired convergence

10y Stephen Bouvier

IFRS 9 leaves IASB with impaired convergence

The lack of a single asset impairment model between the IASB and FASB leaves preparers playing piggy in the middle Read More...

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Little chance EC can find an accountant without an IFRS opinion
Accounting Standards

Little chance EC can find an accountant without an IFRS opinion

10y Richard Crump , Writer

Little chance EC can find an accountant without an...

ICAEW & Mazars' conflicts of interest with IFRS review indicative of relationship between profession and regulators Read More...

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EC cancels ICAEW and Mazars review into IFRS
Accounting Standards

EC cancels ICAEW and Mazars review into IFRS

10y Richard Crump , Writer

EC cancels ICAEW and Mazars review into IFRS

Mazars and the ICAEW review into effects of IFRS cancelled, while EC launches investigation into IFRS Foundation's reporting failings Read More...

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MEPs urge EC to cancel ICAEW and Mazars IFRS contract
Accounting Standards

MEPs urge EC to cancel ICAEW and Mazars IFRS contract

10y Richard Crump , Writer

MEPs urge EC to cancel ICAEW and Mazars IFRS contr...

MEPs urge EC to cancel ICAEW and Mazars contract to review effects of IFRS; call for investigation into IASB reporting failings Read More...

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IFRS Foundation admits to late filings on Companies House
Corporate Governance

IFRS Foundation admits to late filings on Companies House

10y Richard Crump , Writer

IFRS Foundation admits to late filings on Companie...

IASB oversight body admits failing to file information at Companies House in timely fashion, but denies its filings have been 'chaotic' Read More...

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EC launches review of IFRS in the EU
Accounting Standards

EC launches review of IFRS in the EU

10y Richard Crump , Writer

EC launches review of IFRS in the EU

Mazars and the ICAEW will assess whether the switch to IFRS has delivered the benefits that had been expected by the EU Read More...

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Two new trustees join IFRS Foundation
People In Practice

Two new trustees join IFRS Foundation

10y Richard Crump , Writer

Two new trustees join IFRS Foundation

Maria Helena Santana and Lynn Wood will serve as trustees of the IFRS Foundation from 1 January next year Read More...

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IFRS Foundation swaps BDO for GT as auditors
Audit

IFRS Foundation swaps BDO for GT as auditors

11y Rachael Singh

IFRS Foundation swaps BDO for GT as auditors

IFRS Foundation recruits Grant Thornton as auditor after it asks BDO to step down following 11 years in the role Read More...

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