Discover the key differences between IFRS and GAAP accounting standards, and learn how they impact financial reporting for ...

One of the main regulations governing leasing arrangements is IFRS 16. In January 2016, the International Accounting Standards Board issued a new accounting standard for leases, called IFRS 16, ...

In February, the Securities and Exchange Commission issued a Commission Statement in which it made it clear that it believed that a single set of high-quality globally accepted accounting standards ...

This article is by Eva De Leon, Product Manager for Hedge Accounting Solutions at Bloomberg L.P. It appeared first on TMI. For years, accounting and risk management have not always been fully in sync.

Globalization may be coming in baby steps. In the effort to move to a single, universal financial reporting standard, the Securities and Exchange Commission voted unanimously last month to open for ...

Inside the growing footprint of IFRS lies something many small and midsize CPA firms may be overlooking—rich opportunities for business development. IFRS-related work in the United States has largely ...

International Finance Reporting Standard (IFRS) comes with laudable objectives. It is a concept meant to sanitise accounting practice in order to achieve corporate goals. To ensure that companies ...

For regulators and supervisory authorities in Bangladesh, IFRS from 2026 onwards offers a more nuanced lens to assess ...

NEW YORK (Reuters) - Just four days after releasing a formal "roadmap" proposal to move U.S. companies to international accounting rules, U.S. regulators are facing a slew of complaints about the ...

Underwriters are battling to beat the six months deadline given by the National Insurance Commission (NAICOM) within which they are expected to submit their audited and approved International ...

Discover the key differences in inventory accounting between GAAP and IFRS, including valuation methods, write-down reversals ...