International trade and cross-border investing is becoming more complex with new emerging market economies and global investment opportunities. The Securities and Exchange Commission, Federal ...

In the area of fixed assets and the resultant depreciation there are some major differences between the GAAP rules codified in ASC Topic 360 and the IFRS rules in IAS 16. Processing Content In GAAP ...

The financial reporting landscape has undergone constant change – and continues to evolve at pace. IFRS 9 – which specifies how firms should classify and measure financial assets, liabilities and ...

The Securities and Exchange Commission was somewhat ambivalent last August when it approved a "roadmap" towards accepting International Financial Reporting Standards for U.S. publicly held ...

Accounting in the U.S. will never be the same again, starting in 2009 (for some companies at least). Under a roadmap proposed by the Securities and Exchange Commission last week, companies will switch ...

Preparing an organisation’s financial statements can be tasking, particularly for large and complex groups with subsidiaries and investments in different sectors and jurisdictions. For organisations ...

IFRS 16, a new accounting rule that changes the way leases are handled in financial accounting, came into force at the start of the year. The new norms were drawn up as part of efforts from global and ...

In early 2016, the International Accounting Standards Board released the new lease accounting standard, IFRS 16, in an effort to increase transparency around the state of a corporation’s lease ...

Nevina Kishun and Benny Chan take a comprehensive look at some of the KPIs in the IFRS 17 insurance accounting standard. November 15, 2024 It’s been nearly two years since the IFRS 17 insurance ...