The International Accounting Standards Board (IASB), based in London, is committed to developing a set of high quality, global accounting standards that require transparent and comparable information ...

International Accounting Standards Board chair Hans Hoogervorst is looking back at the growth of International Financial Reporting Standards as his decade running the IASB is set to end this month.

Accounting and finance organizations for many multinational businesses are currently working to create plans for two separate lease accounting standards: the Financial Accounting Standards Board’s ASC ...

Canadian companies are better off using international accounting standards despite the fact the United States still shows no sign that it will embrace the same reforms, global rule-setting executive ...

Why are leading Japanese IT firms and other young businesses rushing to adopt IFRS accounting rules? The author examines the reasons behind their decision and describes the international tug-of-war ...

Manchester — Last January saw the launch of International Financial Reporting Standards (IFRS), the standards and concepts on which preparation and reporting of financial information is based. IFRS is ...

A new conceptual framework for IFRS issued Thursday includes revisions to concepts for reporting assets, liabilities, income, and expenses. In completing the comprehensive project to change the ...

THE majority of Zimbabwean businesses still struggle to adhere to international accounting standards, despite the Public Accountants and Auditors Board (PAAB) providing guidance in 2019, ...

In the last three years, the International Accounting Standards Board or IASB has issued four new major International Financial Reporting Standards (IFRS). First on the list was the final version of ...