The Association of Chartered Certified Accountants (ACCA) has released a research report ‘IFRS in the US: An investor’s perspective‘ that outlines the outcome of a survey of US-based investors which asked whether they believe the US Securities and Exchange Commission (SEC) will eventually adopt IFRS. The research was conducted for ACCA by Forbes Insights, surveying […]
IFRS news
OMFP 881/2012 – Aplicarea IFRS de către societăţile comerciale tranzacţionate pe bursa de valori
ORDIN nr. 881/2012 privind aplicarea de către societăţile comerciale ale căror valori mobiliare sunt admise la tranzacţionare pe o piaţă reglementată a Standardelor Internaţionale de Raportare Financiară 2012-06-26 – Publicat in Monitorul Oficial nr. nr. 424 din 26.6.2012 ORDIN nr. 881/2012 privind aplicarea de către societăţile comerciale ale căror valori mobiliare sunt admise la tranzacţionare pe […]
IASB and FASB propose common solution for impairment accounting
The IASB and the US-based Financial Accounting Standards Board (FASB) have today published for public comment proposals for accounting for impairment of financial assets such as loans managed in an open portfolio.
IASB and FASB propose to align balance sheet netting requirements
The IASB and the US-based Financial Accounting Standards Board (FASB) have published a proposal to establish a common approach to offsetting financial assets and financial liabilities on the statement of financial position (balance sheet).
Live webcasts on offsetting exposure draft
On Monday 31 January the IASB will be hosting two live webcasts on the financial asset and financial liability offsetting exposure draft. The sessions will take place at 10am (UK time) and 3pm (UK time).
IFRS Foundation publishes proposed IFRS Taxonomy 2011
The IFRS Foundation today published for public comment an exposure draft of the IFRS Taxonomy 2011. The proposed taxonomy is consistent with IFRSs (International Financial Reporting Standards), including IASs (International Accounting Standards) and th…