The International Financial Reporting Standards (IFRS) are accounting rules for reporting accounting transactions and entries within financial statements for companies outside the U.S. The rules ...

In the early years of the 21st century, investors had good reason to hope that a single, globally-accepted accounting framework would soon emerge to unite the world's financial markets. It seemed ...

IT IS almost unthinkable that accounting students or professionals do not understand or are unable to apply the International ...

The trustees of the IFRS Foundation have appointed and reappointed various organisations and representatives to the IFRS ...

CPA Australia seeks to gather insights on current accounting and financial reporting challenges faced by professionals.

The "targeted improvements" to the FASB Accounting Standards Codification are a part of an evergreen project focused on making incremental changes to GAAP. Public comments on the ASU, published ...

The country’s first AI-powered chatbot designed to assist in understanding International Financial Reporting Standards (IFRS) ...

Under the revised framework, companies can now assess crypto-safeguarding obligations under broader U.S. GAAP and IFRS ...

Soyangho, a stock manager at the Royal Bank of Canada, has been appointed as a Commissioner of the Capital Markets Advisory ...

However, the researchers note that the SEC maintains a position on the IFRS Foundation Monitoring Board. Also, several Americans sit on the 14-member International Accounting Standards Board ...

CPA Australia is calling on its members to participate in a survey that is expected to help inform the future direction of International Financial Reporting Standards (IFRS). The accounting body ...