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Articles in the Convergence Category

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.

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…

ASBJ, Convergence, Countries: Japan, FASB, IASB, IASB Projects: Agenda Consultation, IASB Projects: Financial instruments, IASB Projects: Impairment, IASB Projects: Investment entities, IASB Projects: Leases, IASB Projects: Revenue, IASB meetings »

[4 Nov 2011 | Comments Off | ]

Representatives of the International Accounting Standards Board (IASB) and the Accounting Standards Board of Japan (ASBJ)
held their fourteenth biannual meeting in London on 31 October and 1 November 2011 to discuss current accounting developments.

Convergence, Islamic accounting, Islamic finance »

[4 Nov 2011 | Comments Off | ]

On 23 and 24 October 2011, the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI)
was hosting the World Bank Annual Conference on Islamic Banking and Finance. One of the sessions of the meeting was
dedicated to ‘Challe…

Convergence, Countries: Brazil, Countries: Latin America, Hoogervorst, IASB, IASB Projects: Agenda Consultation »

[27 Oct 2011 | Comments Off | ]

On 27 October 2011, IASB Chairman Hans Hoogervorst addressed the IFRS Conference: Latin America and the Caribbean, in Sao Paulo, Brazil. In his speech, he discussed the prospects for global accounting standards, Latin American adoption of IFRS, and the…

Convergence, Countries: Colombia »

[26 Oct 2011 | Comments Off | ]

In October 2011, the Consejo Tecnico de la Contaduría Publica de Colombia (CTCP, Technical Council of Public Accountants in Colombia) published a proposal paper “Propuesta de normas de contabilidad e informacion financiera para la convergencia hacia E…

Convergence, Countries: United States, Differential reporting, FASB »

[25 Oct 2011 | Comments Off | ]

On 24 October 2011, FASB Chairman Leslie Seidman gave a speech to the National Association of State Boards of Accountancy (NASBA) on her personal views regarding three subjects. The subjects were 1) convergence status between the IASB and FASB; 2) IFRS…

Convergence, Countries: Japan »

[22 Oct 2011 | Comments Off | ]

Following on from the meeting on 25 August 2011, the Business Accounting Council
of Japan (BAC) met on 17 October for the third time to move discussions on IFRS forward.