The goal of successfully transitioning to this latest edition of the standard is a function of how well organisations learn ...

The International Financial Reporting Standards (IFRS) are accounting rules for reporting accounting transactions and entries within financial statements for companies outside the U.S. The rules ...

In the early years of the 21st century, investors had good reason to hope that a single, globally-accepted accounting framework would soon emerge to unite the world's financial markets. It seemed ...

Reviewed by Chip Stapleton Fact checked by Suzanne Kvilhaug Despite major efforts by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB), ...

The trustees of the IFRS Foundation have appointed and reappointed various organisations and representatives to the IFRS ...

MILWAUKEE, Feb. 11, 2025 (GLOBE NEWSWIRE) -- LeaseCrunch LLC, a leading lease accounting software company, today announces its upcoming webinar “Demystifying Discount Rates in Lease Accounting” ...

CPA Australia is calling on its members to participate in a survey that is expected to help inform the future direction of International Financial Reporting Standards (IFRS). The accounting body ...

The law firm's Limited Liability Partnership accounts, filed in the U.K.'s Companies House, said profit "available for ...

Soyangho, a stock manager at the Royal Bank of Canada, has been appointed as a Commissioner of the Capital Markets Advisory Committee (CMAC) within the International Financial Reporting Standards ...

"According to our survey, IFRS is thriving and has become the most widely used accounting standard." Another fear was that U.S.-GAAP and IFRS would become more distinct over time, which would ...