The IFRS for SMEs Accounting Standard is a self-contained standard designed for entities without public accountability that ...

Accounting principles are guidelines companies must follow when recording and reporting accounting transactions. GAAP and IFRS are the two major standards used worldwide. Accounting principles are ...

The update aims to balance the needs of users of small and midsized entities' financial statements with resources available ...

The meeting in London highlighted the need for maintaining high-quality IFRS accounting standards for financial reporting.

ALL INSURERS and reinsurers in the Philippines are required to adopt the latest financial reporting standards for their audited financial statements within the next two years, the Insurance Commission ...

GAAP is primarily used in the United States. Many other countries use the International Financial Reporting Standards (IFRS) as their accounting method. The goal of GAAP is to standardize ...

The Ministry of Finance is drafting a circular guiding the application of International Financial Reporting Standards (IFRS) ...

Researchers share findings from interviews with co-operators, accountants and regulators on reporting standards for co-ops ...