International Accounting Standards Board
IASB Floats Rule Changes on Acquisition Disclosures
The board believes companies should be required to provide more information about how their takeovers have performed.
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.
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.
In Accounting Swan Song, SEC’s White Urges Convergence
Outgoing SEC Commissioner Mary Jo White encourages FASB and IASB to continue collaboration.
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.
Revenue Recognition: The Clock Is Ticking
The new revenue recognition standard has implications that extend far beyond accounting.
SEC Leads Crackdown on Non-GAAP Measures
"Cherry picking" and boilerplate reporting are in the SEC's crosshairs.
EC Stands Behind IASB Accounting Rules
Report finds that IFRS helped more than harmed during the 2007-09 banking crisis.
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.
Exceptions for Private Companies Are Damaging the GAAP Brand
Writing private-company exceptions into GAAP complicates financial reporting.
Answers Needed for Flaws in M&A Accounting Standard
How the IFRS standard for business combinations values intangible assets should be rethought, some say.