EFRAG, Exposure drafts, IASB Projects: IFRS 1 government loans, Standards: IAS 20, Standards: IFRS 1 »

[18 Nov 2011 | Comments Off | ]

The European Financial Reporting Advisory Group (EFRAG) has issued its draft comment
letter on the IASB Exposure Draft ED/2011/5 ‘Government Loans (Proposed amendments to IFRS 1)’.

IASB, Languages: French, Languages: Spanish, Standards, Translations »

[18 Nov 2011 | Comments Off | ]

The IFRS Foundation has announced that translations of IFRSs 2011 into French and Spanish are now available on the IASB’s website.

Comment letters, IASB, IASB Project: Agenda Consultation »

[17 Nov 2011 | Comments Off | ]

Deloitte’s IFRS Global Office has submitted a letter of comment to the International Accounting Standards Board (IASB) on its Request for Views on its Agenda Consultation 2011.

FASB, IASB, IASB Projects: Insurance contracts, IASB meetings »

[17 Nov 2011 | Comments Off | ]

The IASB’s regular monthly meeting was held on 15-16 November 2011 in in London, part of it a joint meeting with the FASB. We have posted Deloitte observer notes from the final joint session on insurance contracts, held on Wednesday.

Convergence, Countries: United States, SEC, US GAAP »

[17 Nov 2011 | Comments Off | ]

The staff of the United States Securities and Exchange Commission (SEC) have released two additional Staff Papers as part of the SEC’s work plan for the consideration of incorporating IFRSs into the Financial Reporting System for U.S. Issuers.

FASB, IASB, IASB Projects: Effective date of IFRS 9, IASB Projects: Hedge accounting, IASB Projects: Insurance contracts, IASB Projects: Leases, IASB meetings, Standards: IFRS 9 »

[16 Nov 2011 | Comments Off | ]

The IASB’s regular monthly meeting was held on 15-16 November 2011 in in London, part of it a joint meeting with the FASB. We have posted Deloitte observer notes from the insurance contracts session held on the first day of the meeting, and most of the…

Convergence, Countries: United States, FASB, SEC, US GAAP »

[16 Nov 2011 | Comments Off | ]

The Board of Trustees of the United States Financial Accounting Foundation (FAF), the oversight body for the Financial Accounting Standards Board (FASB), has written to the United States Securities and Exchange Commission (SEC) in relation to the SEC’s…

FASB, IASB, IASB Projects: Annual improvements, IASB Projects: Effective date of IFRS 9, IASB Projects: Leases, IASB Projects: Offsetting, IASB meetings, Standards: IAS 16, Standards: IAS 24, Standards: IAS 7, Standards: IFRS 10, Standards: IFRS 8, Standards: IFRS 9 »

[15 Nov 2011 | Comments Off | ]

The IASB’s regular monthly meeting was held on 15-16 November 2011 in in London, part of it a joint meeting with the FASB. We have posted Deloitte observer notes from most of the sessions held on on the first day of the meeting, covering the following …

Brazil, Robert Bruce »

[15 Nov 2011 | Comments Off | ]

IASB Chairman, Hans Hoogervorst, has been praising the Brazilian IFRS effort. Robert Bruce, our regular resident columnist, looks at how the enthusiastic use of IFRS is transforming and boosting a whole region.

IASB, IASB Projects: Revenue »

[14 Nov 2011 | Comments Off | ]

Deloitte leaders and Robert Bruce discuss the new revenue recognition exposure draft. They discuss the key changes that are proposed and provide insights into the likely effect they will have in practice.

FASB, IASB, IASB Projects: Revenue »

[14 Nov 2011 | Comments Off | ]

The IASB and FASB published for comment , a revised draft standard that converges the revenue recognition standard for IFRSs and US GAAP.

IASB »

[14 Nov 2011 | Comments Off | ]

The IASB and the FASB have issued for public comment a revised draft standard to improve and converge the financial reporting requirements of International Financial Reporting Standards (IFRSs) and US General Accepted Accounting Principles (GAAP) for r…

IVSC »

[14 Nov 2011 | Comments Off | ]

The International Valuation Standards Council (IVSC) has announced a number of new appointments, following the annual general meeting of the organisation held in Hong Kong on 5 November 2011.

IFAC »

[11 Nov 2011 | Comments Off | ]

The Small and Medium Practices (SMP) Committee of the International Federation of Accountants () has published the third edition of its .

Countries: Germany »

[11 Nov 2011 | Comments Off | ]

After months of debate and renewed efforts to find sustainable financing, the members of the new technical
comittees and the new presidency of the Accounting Standards Committee of Germany (ASCG) were announced today.

Countries: Germany »

[11 Nov 2011 | Comments Off | ]

After months of debate and renewed efforts to find sustainable financing, the members of the new technical
comittees and the new presidency of the Accounting Standards Committee of Germany (ASCG) were announced today.

IASB, IASB Projects: Agenda Consultation »

[11 Nov 2011 | Comments Off | ]

As part of its outreach activities in connection with its ‘Request for Views Agenda Consultation 2011′, the
IASB has created an online survey to understand from the investor community which areas of accounting are in the
most urgent need of improve…

DPOC, IFRS Foundation, IFRS Trustees »

[10 Nov 2011 | Comments Off | ]

The IFRS Foundation Trustees’ Due Process Oversight Committee (DPOC) has posted to their website a working draft of a protocol for due process oversight. This document creates a framework for the Trustees to use when (1) reviewing the effectiveness of …

Countries: Europe, ESMA »

[10 Nov 2011 | Comments Off | ]

The European Securities and Markets Authority (ESMA) has released a Report on its post-implementation review of IFRS 8 Operating Segments. The Report discusses the application of IFRS 8 requirements by European issuers, and explores the areas posing si…

IASB »

[10 Nov 2011 | Comments Off | ]

The Trustees’ Due Process Oversight Committee (DPOC) has published a working draft of a protocol for due process oversight.

Countries: Europe, ESMA »

[10 Nov 2011 | Comments Off | ]

The European Securities and Markets Authority (ESMA) has published a consultation paper entitled ‘Considerations of
materiality in financial reporting’ on the apparent differing views regarding the practical
application of the concept of materialit…

IFRS Foundation, IFRS Trustees »

[10 Nov 2011 | Comments Off | ]

The Trustees of the IFRS Foundation have announced the conclusions of their meeting in Paris, France on 13 October 2011.