International Accounting Standards Board

IASB Floats Rule Changes on Acquisition Disclosures
Financial Performance

IASB Floats Rule Changes on Acquisition Disclosures

The board believes companies should be required to provide more information about how their takeovers have performed.
By Matthew Heller | March 20, 2020
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Climate Change Reporting: A Catalyst for Change
Sustainability

Climate Change Reporting: A Catalyst for Change

As the effects of climate change become more prominent, they will become more and more visible in financial statements, says IASB's chair.
By David McCann | April 3, 2019
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New Lease Accounting Rules Pose Challenges, Study Says
Lease Accounting

New Lease Accounting Rules Pose Challenges, Study Says

The standards take effect in a mere six quarters for public companies, but many have not yet begun, or only recently began, to assess what must be done.
By William Sprouse | June 28, 2017
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In Accounting Swan Song, SEC’s White Urges Convergence
Revenue Recognition

In Accounting Swan Song, SEC’s White Urges Convergence

Outgoing SEC Commissioner Mary Jo White encourages FASB and IASB to continue collaboration.
By David Katz | January 6, 2017
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Start Preparing Now for New Lease Accounting Rules
Strategy

Start Preparing Now for New Lease Accounting Rules

They don't take effect until 2019, but few leases will be grandfathered, so there will be an immediate bottom-line impact.
By Sean Moynihan | December 29, 2016
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Revenue Recognition: The Clock Is Ticking
Revenue Recognition

Revenue Recognition: The Clock Is Ticking

The new revenue recognition standard has implications that extend far beyond accounting.
By Eric Knachel | December 21, 2016
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SEC Leads Crackdown on Non-GAAP Measures
GAAP and IFRS

SEC Leads Crackdown on Non-GAAP Measures

"Cherry picking" and boilerplate reporting are in the SEC's crosshairs.
By David Katz | May 12, 2016
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EC Stands Behind IASB Accounting Rules
Global Business

EC Stands Behind IASB Accounting Rules

Report finds that IFRS helped more than harmed during the 2007-09 banking crisis.
By Katie Kuehner-Hebert | June 22, 2015
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SEC’s Chief Accountant Signals End to Convergence Efforts
Regulation

SEC’s Chief Accountant Signals End to Convergence Efforts

“There is virtually no support to have the SEC mandate IFRS for all registrants,” James Schnurr tells accountants.
By David Katz | May 8, 2015
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Exceptions for Private Companies Are Damaging the GAAP Brand
Risk & Compliance

Exceptions for Private Companies Are Damaging the GAAP Brand

Writing private-company exceptions into GAAP complicates financial reporting.
By Edward W. Trott | May 4, 2015
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Answers Needed for Flaws in M&A Accounting Standard
Risk & Compliance

Answers Needed for Flaws in M&A Accounting Standard

How the IFRS standard for business combinations values intangible assets should be rethought, some say.
By Roger Sinclair and Michael L. Moore | April 17, 2015
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FASB Votes to Defer Revenue Recognition Rule
Growth Companies

FASB Votes to Defer Revenue Recognition Rule

The board votes to delay implementation for one year, after previously debating a two-year deferral.
By Matthew Heller | April 1, 2015
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IASB Member Sees Revenue Rule Delay As Inevitable
Management Accounting

IASB Member Sees Revenue Rule Delay As Inevitable

"It's pretty obvious there's going to have to be a deferral," says IASB member Patrick Finnegan.
By Matthew Heller | February 19, 2015
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FASB Nearing Decision on Delaying Revenue Rule
GAAP and IFRS

FASB Nearing Decision on Delaying Revenue Rule

Companies are telling FASB that they need more time to redesign their practices and systems to implement the revenue recognition standard.
By Matthew Heller | January 29, 2015
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Companies Boning Up on Revenue Recognition Rules
Revenue Recognition

Companies Boning Up on Revenue Recognition Rules

Executives say they will have to make changes to internal controls and put more effort toward disclosures regarding revenue.
By Matthew Heller | November 17, 2014
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