The new international accounting standard is aimed at more consistent reporting that’s better aligned with how businesses are ...

Certain topics have been removed from the standard, including earnings per share, interim financial reporting.

Financial reporting executives should settle in for a long debate about the wisdom of the United States adopting international accounting rules. The Securities and Exchange Commission’s proposed ...

On May 17, 2024, the Director of the Division of Corporation Finance of the Securities and Exchange Commission, Erik Gerding, and the Chief Accountant, Paul Munter, issued a statement regarding ...

The International Financial Reporting Standards Foundation has published a set of near-final examples showing how companies can improve the reporting of uncertainties in their financial statements ...

NEW YORK--(BUSINESS WIRE)--The American Institute of Certified Public Accountants introduced a new course of study leading to a Certificate of Educational Achievement in International Financial ...

Comments by several key Democrats in Congress have hinted they are concerned that the transition to international accounting standards might weaken regulatory control. Federal officials, including the ...

The International Accounting Standards Board has proposed delaying by two years the mandatory effective date for its IFRS 9 standards for financial instruments, postponing them from Jan. 1, 2013 to ...

Foreign groups must choose between PFRS and IFRS aligned reporting in the Philippines to maintain consolidation accuracy and protect audit timelines.

The SEC unanimously approved on Wednesday a new timeline that envisions 2015 as the earliest possible date for the required use of IFRS by U.S. public companies. The SEC action calls for more study of ...