By Content Type
5 strategies to efficiently implement the new lease accounting standard
Deloitte offers five strategies to help find efficiencies and avoid unnecessary disturbances.
Published on January 19 2017
IASB proposes amendments to 3 IFRS standards
The IASB issued clarifications to standards related to income taxes, borrowing costs, and investments in associates and joint ventures.
Published on January 12 2017
How audit committees can oversee revenue recognition implementation
Audit committees have a significant role to play as organisations implement a new accounting standard for revenue recognition that will have a big effect on many industries.
Published on December 13 2016
Will Brexit, Trump affect global accounting standards?
Political decisions that may affect cross-border business policies in the US and the UK have so far had no effect on international accounting standards, Hans Hoogervorst said.
Published on December 06 2016
New credit loss standard manageable for US banks, Fitch says
US banks’ reserving practices will be affected by the US Financial Accounting Standards Board’s new standard on accounting for credit losses, but the effective date gives banks adequate time for a manageable implementation.
Published on July 25 2016
Lease accounting implementation a challenge for preparers
Companies are encountering challenges with new lease accounting standards in a process few expect to be easy, according to a recent Deloitte survey.
Published on June 06 2016
Revenue standard causes concern about compensation arrangements
Compensation arrangements are emerging as a big concern for companies as they implement the new revenue recognition standard.
Published on June 03 2016
FASB makes additional revenue recognition clarifications
The US Financial Accounting Standards Board (FASB) issued a third round of clarifications to its revenue recognition standard, focusing on narrow-scope changes and practical expedients.
Published on May 09 2016
China explores ways to expand IFRS use
A joint working group formed by the Chinese Ministry of Finance and the IFRS Foundation is exploring ways to expand the use of IFRS within China, especially for Chinese companies that are internationally oriented.
Published on November 24 2015
IASB proposes annual improvements, change to investment property standard
In two separate exposure drafts, the International Accounting Standards Board proposed changes to its investment property standard and proposed narrow-scope amendments to three other standards.
Published on November 19 2015