The gap between what companies are worth and what their financial statements capture has drawn a burst of activity this autumn, with new reports from CPA Australia and the UK Endorsement Board (UKEB), and the launch of a global valuation network.
Do today’s financial statements tell us everything we need to know about intangibles? According to a new report from the European Financial Reporting Advisory Group (EFRAG), the answer is no.
The International Forum of Accounting Standard Setters (IFASS) held a meeting in London, with a session dedicated to the International Accounting Standards Board’s (IASB) research project on intangible assets.
The European Financial Reporting Advisory Group (EFRAG) has published a summary of the main feedback received on a recent Discussion Paper looking into how to achieve better information on intangibles in financial reports.
The US Financial Accounting Standards Board (FASB) has unanimously agreed to scrap a four-year project revising how companies account for goodwill, dropping it from FASB’s technical agenda.
The International Accounting Standards Board (IASB) is currently working on overhauling the management commentary.
The European Financial Reporting Advisory Group (EFRAG) is conducting a long-running consultation on how financial reports can provide better information on intangibles.
The US Financial Accounting Standards Board (FASB) recently held a first discussion on feedback to its agenda consultation, and launched new research plans.
Are you considering responding to the International Accounting Standards Board (IASB) consultation on its proposed new framework for preparing management commentaries?
At the September meeting of the International Forum of Accounting Standard Setters (IFASS), held virtually, one of the focal points was intangible assets.
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