IFRS Foundation chair warns EU against amending IFRS
Accounting Standards

IFRS Foundation chair warns EU against amending IFRS

11y Richard Crump , Writer

IFRS Foundation chair warns EU against amending IF...

Changing IFRS for European purposes could lead to incompatible standards, warns Michael Prada Read More...

View article
Izza urges end to arguments over legality of IFRS
Accounting Standards

Izza urges end to arguments over legality of IFRS

11y Richard Crump , Writer

Izza urges end to arguments over legality of IFRS

Time to focus on resolving the many outstanding issues in financial reporting, says ICAEW chief executive Read More...

View article
IFRS “legally flawed”, say readers
Accounting Standards

IFRS “legally flawed”, say readers

11y Calum Fuller , Reporter

IFRS “legally flawed”, say readers

Readers vote overwhelmingly in agreement with legal opinion suggesting IFRS is not compatible with company law Read More...

View article
IFRS for consolidated accounts could raise issues for shipping
Accounting Standards

IFRS for consolidated accounts could raise issues for shipping

11y Richard Crump , Writer

IFRS for consolidated accounts could raise issues ...

IFRS 10 could raise questions over a shipping company's subsidiary status Read More...

View article
MEPs cast doubt on compatibility of IFRS with EU law
Accounting Standards

MEPs cast doubt on compatibility of IFRS with EU law

11y Richard Crump , Writer

MEPs cast doubt on compatibility of IFRS with EU l...

A group of five MEPs call for a review of IFRS' compatibility with European company law Read More...

View article
Investors call for IFRS review as legal opinion finds it ‘substantially flawed’
Accounting Standards

Investors call for IFRS review as legal opinion finds it ‘substantially fla...

11y Idris Nagri

Investors call for IFRS review as legal opinion fi...

A leading UK lawyer has suggests that IFRS have “substantial legal flaws” Read More...

View article
IFRS Foundation cuts provision for HMRC tax inquiry
Regulatory Bodies

IFRS Foundation cuts provision for HMRC tax inquiry

11y Richard Crump , Writer

IFRS Foundation cuts provision for HMRC tax inquir...

IFRS Foundation able to cut provision for HMRC tax investigation by £290,000 Read More...

View article
Summer Training Series: FRS 100-102 explained; IFRS; Audit
Accounting Standards

Summer Training Series: FRS 100-102 explained; IFRS; Audit

11y Idris Nagri

Summer Training Series: FRS 100-102 explained; IFR...

The Summer Training Series will consist of three half-day training courses in London, providing delegates with an update on financial reporting standa...

View article
IFRS Foundation expands Middle Eastern influence
People In Practice

IFRS Foundation expands Middle Eastern influence

11y Richard Crump , Writer

IFRS Foundation expands Middle Eastern influence

IFRS Foundation appoints Abdulrahman Al-Humaid as a trustee with immediate effect Read More...

View article
EU standard setters wade into IFRS debate
Accounting Standards

EU standard setters wade into IFRS debate

11y Richard Crump , Writer

EU standard setters wade into IFRS debate

The FRC joins with fellow European national standard setters to influence IASB's work on conceptual framework that underpins IFRS Read More...

View article
IASB proposes limited changes to IFRS 9 classification and measurement requirements
Accounting Standards

IASB proposes limited changes to IFRS 9 classification and measurement requ...

11y Richard Crump , Writer

IASB proposes limited changes to IFRS 9 classifica...

New category of financial assets could increase volatility for some financial institutions Read More...

View article
IFRS Foundation opens regional office in Asia/Oceania
Accounting Standards

IFRS Foundation opens regional office in Asia/Oceania

11y Richard Crump , Writer

IFRS Foundation opens regional office in Asia/Ocea...

Parent body of the IASB opens first international office outside of London; Mary Tokar appointed to IASB Read More...

View article
IFRS adoption will eventually happen, US investors tell ACCA
Accounting Standards

IFRS adoption will eventually happen, US investors tell ACCA

11y Richard Crump , Writer

IFRS adoption will eventually happen, US investors...

It will take four and a half years for most US companies to be ready for IFRS, investors tell ACCA Read More...

View article
ICAEW: Focus on current IFRSs, not convergence
Accounting Standards

ICAEW: Focus on current IFRSs, not convergence

12y Richard Crump , Writer

ICAEW: Focus on current IFRSs, not convergence

The IASB’s focus should shift away from convergence to quality of current rules, says ICAEW Read More...

View article
US won’t adopt IFRS for at least five years, says AICPA chairman
Accounting Standards

US won’t adopt IFRS for at least five years, says AICPA chairman

12y Richard Crump , Writer

US won’t adopt IFRS for at least five years, says ...

AICPA chairman of the board of directors Gregory Anton tells delegates at EDGE Conference that IFRS adoption is still a long way off Read More...

View article
Can IFRS be understood by dummies?
Accounting Standards

Can IFRS be understood by dummies?

12y Idris Nagri

Can IFRS be understood by dummies?

Leavitt Walmsley Associates audit and technical director Steve Collings reckons he knows IFRS so well he could train a dummy – TS was the test case Re...

View article
IFRS's quality not tarnished by US delay, says ICAEW
Accounting Standards

IFRS's quality not tarnished by US delay, says ICAEW

12y Richard Crump , Writer

IFRS's quality not tarnished by US delay, says ICA...

ICAEW backs IASB's global convergence project despite lack of a US decision on adoption of IFRS Read More...

View article
IASB takes swipe at SEC delay over IFRS
Accounting Standards

IASB takes swipe at SEC delay over IFRS

12y Richard Crump , Writer

IASB takes swipe at SEC delay over IFRS

IASB trustees chairman Michael Prada unimpressed by SEC dithering over IFRS adoption Read More...

View article
SEC decision over IFRS kicked into the long grass
Accounting Standards

SEC decision over IFRS kicked into the long grass

12y Richard Crump , Writer

SEC decision over IFRS kicked into the long grass

US SEC still not set on a timetable to converge with global reporting standards. Its report will not contain recommendation on whether to move fully t...

View article
IFRS Foundation back in the black after £2m loss in 2010
Regulatory Bodies

IFRS Foundation back in the black after £2m loss in 2010

12y Idris Nagri

IFRS Foundation back in the black after £2m loss i...

International standard setter announces surplus for 2011 compared to a £2m loss in 2010 Read More...

View article
IASB proposes 11 amendments to IFRS
Accounting Standards

IASB proposes 11 amendments to IFRS

12y Richard Crump , Writer

IASB proposes 11 amendments to IFRS

Amendments include changes to the IFRS 13 fair value measurement Read More...

View article
World is waiting as US dithers over IFRS
Accounting Standards

World is waiting as US dithers over IFRS

12y Richard Crump , Writer

World is waiting as US dithers over IFRS

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

View article
Public sector IFRS: worth the effort?
Accounting Standards

Public sector IFRS: worth the effort?

12y Peter Bateman

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? Read More...

View article
IFRS in the US could be ‘Chinese water torture’
Accounting Standards

IFRS in the US could be ‘Chinese water torture’

12y Richard Crump , Writer

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 Read More...

View article
Former Deloitte CEO takes IFRS Foundation role
People Business

Former Deloitte CEO takes IFRS Foundation role

12y Idris Nagri

Former Deloitte CEO takes IFRS Foundation role

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

View article
Local government IFRS adoption 'a significant challenge'
Audit

Local government IFRS adoption 'a significant challenge'

12y Rose Orlik

Local government IFRS adoption 'a significant chal...

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

View article
US considers 'modified incorporation' of IFRS
Accounting Standards

US considers 'modified incorporation' of IFRS

12y Idris Nagri

US considers 'modified incorporation' of IFRS

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

View article
US decision on IFRS delayed 'for at least a few months'
Accounting Standards

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

12y Idris Nagri

US decision on IFRS delayed 'for at least a few mo...

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

View article