Learn about proportional consolidation, a former joint ventures accounting method replaced by the IFRS to streamline global ...

The International Financial Reporting Standards (IFRS) Foundation has renewed its memorandum of understanding (MoU) with the ...

With the increasing acceptance of IFRS in the global economy and its possible adoption in the U.S., CPAs are keenly interested in developing a broader understanding of international standards. A major ...

Explore the major differences between IFRS and U.S. GAAP, including inventory write-downs, intangible assets, and accounting ...

Since the European Union’s 2002 regulation mandating IFRS for EU public companies and the execution of the Norwalk Agreement by FASB and the International Accounting Standards Board (IASB), momentum ...

The International Financial Reporting Standards developed by the International Accounting Standards Board present guidelines for reporting the financial activities of a business. Similar to generally ...

The International Accounting Standards Board issued a set of amendments to IFRS 19 Subsidiaries without Public Accountability: Disclosures, enabling it to complete the catch-up work it had planned to ...

“A well-architected solution.” “A solution clearly designed to meet regulatory requirements and industry needs.” “Combines speed, forecasting and reporting to cover core IFRS 9 requirements ...

NEXT year is geared to reshape the future of corporate reporting in the Philippines. Around the world, the business community is grappling with the realities of a VUCA or volatile, uncertain, complex ...