Irish Central Bank pressing for 'prudent' accounti...

Lawyers are advising the Central Bank of Ireland on its plans to impose 'more prudent' accounting Read More...

FRSME respondents give standard setters a headache

Housing associations and credit unions were outspoken in the FRSME consultation, but they are pulling in opposite directions Read More...

Irish banks could report expected losses to boost ...

Irish banks could move to expected loss model ahead of new IFRS standard in bid to boost confidence Read More...

Experts dismiss RBS account 'distortion'

RBS accused of using IFRS to distort its accounts but experts dismissive of claims Read More...

Colin: a tricky financial question

MPs attack RBS's 'distorted' IFRS accounting

MPs have accused RBS of using IFRS to favourably distort accounts Read More...

Globally comparable accounts - so near but so far

International standards convergence is nigh but will regional variations make globally comparable financial reports an impossible dream? Read More...

Standard setters await EU before launching FRSSE c...

Look to EU for guidance on financial reporting for micro-entities Read More...

Global accounting standard to wipe £10bn off pensi...

Favours reporting income and interest over expected returns Read More...

Parallel accounting bill 'to start a conversation'

Bill forcing banks to prepare parallel accounts is "close to perfect solution" to the banking crisis, according to author Read More...

Accounting standards reform 'should go further'

Reform could benefit smallest companies and make financial reporting simpler for all stakeholders Read More...

Italian IFRS law 'not a no-confidence vote'

Italian law changes not a no-confidence vote for incoming international accounting standards, according to expert Read More...

New accounting standards 'welcome but challenging'

Experts have welcomed the four new international accounting standards published yesterday, but warn they bring a number of challenges for corporate re...

US banks attack proposed accounting standards

US banks have attacked proposed accounting standards that could force them to bring derivatives on balance sheet, potentially inflating their numbers ...

Fair value in focus for new accounting standard

Today's fourth new international accounting standard offers clarification on the use of fair value accounting, an issue that achieved notoriety during...

Video: The future of financial reporting

CIMA chief executive Charles Tilley talks to Accountancy Age about the direction corporate reporting needs to take Read More...

Financial crisis-inspired standards released

Three new global accounting standards have been published, dealing with financial crisis-related issues such as consolidation and disclosure Read More...

Charities consider future without UK GAAP

Charity representatives have urged caution in possible phasing out of FRSSE Read More...

Critics unearth 'second thoughts' over IFRS

IFRS critics say evidence is mounting of reluctance to completely abandon national GAAPs in favour of international standards Read More...

Parallel accounting bill presented to Commons

Bill requiring some financial institutions prepare parallel accounts to have second reading Read More...

International standard setting 'more practical tha...

International standards setters improved outreach and moved slightly from theory-based approach, says expert Read More...

International standards 'changed the value of acco...

IFRS changed the value of accounts for users, according to insurers' body Read More...

FRSSE faces waning popularity

FRSSE popularity declining among stakeholders, according to ASB consultation Read More...

SME accounting standards response 'bigger than exp...

Standards board said SME IFRS consultation produced more responses than expected Read More...

Investors question standard setters' focus

Investors worried their needs are being sidelined in favour of US convergence Read More...

In their prime, but do some accounting standards f...

Experts calling for UK GAAP-based standards for micro-businesses to be replaced with international standards Read More...

Pressing issues for IFRS Foundation

TS loves receiving updates from the International Financial Reporting Standards Foundation. As if the IFRS bods didn’t have enough on their plat...