THERE IS A CLEAR TREND toward adopting IFRS as the single body of internationally accepted financial reporting standards. In the next few years, thousands of companies will move to IFRS as a primary ...
The Securities and Exchange Commission (SEC) is raising the bar on how domestic companies report environmental and social impacts by adopting new ...
The International Auditing and Assurance Standards Board plans to bolster the International Sustainability Standards Board’s proposed standards on sustainability and climate-related disclosures with ...
The International Accounting Standards Board published a consultation document Wednesday with eight proposed illustrative examples showing how companies could apply International Financial Reporting ...
The Financial Data Transparency Act (FDTA), passed as part of the National Defense Authorization Act for fiscal year 2023, aims to enhance the interoperability of financial regulatory data across nine ...
It should be no surprise that accounting standards have become more complex over the years. Transactions have become increasingly challenging as new products and services emerge and financial ...
The Accountant on MSN
IPSASB introduces first public sector climate disclosure standard
The standard applies to general purpose financial reports for annual periods beginning on or after 1 January 2028.
As businesses try out decentralized systems for better reporting and oversight, the effect of blockchain on corporate finance is speeding up. The rise in interest in business ledgers often coincides ...
The International Organization of Securities Commissions announced their endorsement of the International Sustainability Standards Board’s recently released corporate reporting standards for ...
The International Sustainability Standards Board (ISSB) standards have joined the climate-disclosure reporting frameworks that take a financial materiality-led approach. While the ISSB standards seek ...
Speed is not always your friend. Sometimes it’s better to take the time to make the right decision than to rush to meet a false deadline. In this instance I am referring to the process to select the ...
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