The European Financial Reporting Advisory Group (EFRAG) has written to the IASB to highlight certain aspects of IFRS 17 Insurance Contracts that its research with insurers has indicated merit further consideration, which include possible unexpected costs in implementation

The International Accounting Standards Board (IASB) has indicated it now plans to consider re-introducing amortisation of goodwill as part of its post-implementation review of IFRS 3 Business Combinations.

In this month’s roundup of developments in accounting and financial reporting, LLP accounting SORP set for refresh, FRC revises guidance for preparing Strategic Reports, record accountancy ban for former AssetCo execs

The International Accounting Standards Board (IASB) has recently published a number of discussion papers with the aim of clarifying some of its existing projects and providing a clearer view for investors. Jeroen Van Doorsselaere, Wolters Kluwer vice president of risk and finance, examines several key issues

The International Public Sector Accounting Standards Board (IPSASB) has released IPSAS 41, Financial Instruments, which it says substantially improves the relevance of information for financial assets and financial liabilities, addressing reporting issues which became evident during the 2008 financial crisis

Andrew Marshall FCA, senior technical partner at KPMG UK, considers the impact of discount rates when leases come onto the balance sheet under the new IFRS 16 Leases standard, effective from 1 January 2019

The IFRS Foundation, the governance and oversight body of the International Accounting Standards Board (IASB), has relocated its offices within London, moving to a new address in Canary Wharf

In this month’s roundup of developments in accounting and financial reporting, former RSM Tenon FD faces £60k sanction, PRAG publishes updated SORP for pensions accounting, charity annual returns will have to report international funding sources

The Financial Reporting Council (FRC) has revised the guidance for companies preparing the mandatory Strategic Report, which encourages larger listed companies to consider wider stakeholders and issues that impact performance over the longer term

The International Accounting Standards Board (IASB) sets its sights on IFRS 9 Financial Instruments as it focuses on setting out clarifications surrounding characteristics of equity and what role technology will play in the future, explains Jeroen Van Doorsselaere, Wolters Kluwer vice president of risk and finance

Global insurers have significantly underestimated the costs of moving toward a new accounting regulation, IFRS 17 Insurance Contracts, with more than a third now budgeting over €50m (£44.2m) for implementation, according to research from Deloitte

The government has published draft legislation requiring companies adopting IFRS 16 Leases to continue to classify leases as either financial or operating leases for the purposes of Corporate Interest Restriction (CIR) rules

Rebecca Farmer, partner at EY, considers the complex accounting issues facing construction companies when applying the new lease standard, IFRS 16 Lease, offering tips and advice on dealing with control issues, specialised materials and judgment calls

In this month’s roundup of developments in accounting and financial reporting, government plans to endorse IFRS and maintain FRC as regulator post-Brexit, calls for CVA overhaul to protect company creditors, potential EY ‘conflict of interest’ in Carillion inquiry

The International Accounting Standards Board (IASB) is consulting on ways to improve the classification of financial instruments and equity in financial statements