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Items tagged with "IASB"

IASB Sticks To Knitting

An ongoing suggestion amongst policy makers, the accounting profession and ESG advocates is that the International Accounting Standards Board should take over standards setting in the field of environmental reporting and climate disclosure in particular. The Chair of the IASB used a speech last week to re-affirm that the IFRS standards setters will do no […]

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Global Preparers Forum Agenda Available

The next Global Preparers Forum (GPF) will take place on 22 March. The GPF is an independent body that provides insight and input to the International Accounting Standards Board (IASB) from preparers of financial statements. The GPF provides input into concepts and proposals that the IASB is developing and offers advice on the practical implications […]

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What Does Good Disclosure Look Like?

The International Accounting Standards Board (IASB) recently issued an amendment to the IAS Statement of Cashflows. This week Nick Anderson, IASB Board member, discusses the objectives of the IAS 7 disclosure requirement and gives some advice for companies looking to make their disclosures as useful as possible. The new amendment requires companies to include information […]

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IASB to Review Goodwill

IASB to Review Goodwill

The International Accounting Standards Board is reviewing how companies present goodwill on their balance sheets. Goodwill refers to an accounting value recorded when a company acquires another company, measuring the value of intangibles that go beyond what the physical assets alone are worth. It is a complex and at times controversial area, as it is […]

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Investors Tell the FASB: Segment Disclosures Need Improving

A recent Chartered Financial Analyst (CFA) Institute survey indicates that segmented reporting information is critical to investors, yet disclosures need improving dramatically. Recent exchanges between investors and tech giants such as Amazon and Alphabet (aka Google) show the struggle: Amazon and Alphabet cloak the performance of important sections of their business such as Alexa, Amazon […]

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Think you know it all?

Now you can find out. Well, at least for the IFRS’s Conceptual Reporting Framework anyway. Following a reissue of their Conceptual Framework in March this year, the IFRS Foundation has now released a quiz to test your knowledge and understanding. As those who stand a chance of getting it all right will already be aware, […]

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Highlights of IASB Chair’s Speech at the International Accounting Seminar in Brazil

IASB Chairman outlines plans for the IFRS “Better Communications” initiative in Brazil. Making digital consumption of financial information easier via the IFRS XBRL taxonomy is one part of this effort.

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IFRS Taxonomy 2017 Webinar now available

On Tuesday 28 March, the IFRS Taxonomy team held a live webinar on the IFRS Taxonomy 2017, featuring IASB member Gary Kabureck. Play back the recorded version of the webinar and access the IFRS Taxonomy 2017 and its supporting materials here.

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IASB Looking to Adapt to Changing Nature of Data Consumption

Our thoughts on a recent speech by IASB Chair Hans Hoogervorst.

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New IFRS Taxonomy Translations

Translations like these help promote IFRS adoption, which continues to grow around the world. It also means that one of the basic capabilities of XBRL is enabled in one of the world’s most important taxonomies.

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