The International Accounting Standards Board (IASB) is to go ahead with plans to reform the IFRS for SMEs standard to provide updates reflecting the last IFRS standards
The international standard setter is working on plans to create a global framework for sustainable climate reporting rules, while a new head of the IASB is set to take over shortly, says Jeroen Van Doorsselaere
The IFRS Foundation has published its annual report and audited financial statements for the year ended 31 December 2020 setting out priorities for 2021 and flagging a decline in revenue due to the pandemic
The International Accounting Standards Board (IASB) has extended by one year the application period in IFRS 16 Leases to help lessees accounting for covid-19-related rent concessions in light of the pandemic
The International Accounting Standards Board (IASB) is consulting on a new approach to developing disclosure requirements in IFRS standards and new disclosure requirements on fair value measurement and employee benefits
The International Accounting Standards Board (IASB) has decided to extend by 30 days the comment period for the Exposure Draft Regulatory Assets and Regulatory Liabilities
The trustees of the IFRS Foundation has announced the formation of a working group to accelerate convergence in global sustainability reporting standards and to undertake technical preparation for a potential international sustainability reporting standards board
The UK Endorsement Board (UKEB) has appointed 10 board members to the new body, set up to endorse and adopt new or amended international accounting standards in the UK after Brexit
The IFRS standard setter is currently consulting on the accounting rules for regulatory assets and regulatory liabilities under IFRS 14 and their impact on financial performance. Jeroen Van Doorsselaere examines the impact on P&L
Sarah Baxendale FCA, senior technical writer at Croner-i, examines accounting choices made by companies in accounting for common control transactions under IFRS 3 Business Combinations
The International Accounting Standards Board (IASB) has published a two-week consultation on a proposal to extend by one year the application period of the amendment to IFRS 16 Leases issued in 2020 to help lessees accounting for covid-19-related rent concessions
Jeroen Van Doorsselaere assesses the latest developments from the International Accounting Standards Board, including updates on how the banking sector has responded to the pandemic and the use of primary financial statements
The International Accounting Standards Board (IASB) has issued guidance on how to apply going concern judgments when finalising annual reports as covid-19 impacts revenue
To some last year’s travails were a first test for the changed IFRS standards that took on new forms after the 2008 crisis. Others, meanwhile, were calling out for exceptional measures, as opposed to trusting in the standard frameworks. Jeroen Van Doorsselaere explains
The UK Endorsement Board (UKEB), the body tasked with endorsing and adopting international accounting standards now that the UK has left the EU, has officially launched
