International Financial Reporting Standards
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.
EC Stands Behind IASB Accounting Rules
Report finds that IFRS helped more than harmed during the 2007-09 banking crisis.
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.
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.
Tackling Disclosure Overload
Regulators are calling on companies to reduce the boilerplate and improve the effectiveness of financial reporting.
FASB Weighs Delaying New Revenue Rule
Accounting standard setters may push back the effective date of new revenue recognition rules, says a FASB assistant director.
The Split Over Convergence
FASB and the IASB back away from the goal of a single global accounting language.
Former SEC Chair Cox Declares IFRS “Bereft of Life”
The former chairman of the SEC declares that full-scale adoption of IFRS in the United States is no longer possible, but his European counterparts disagree.
Foreign-Entity Reconciliation Strategies
Aligning accounts and tracking foreign accounting standards can become unruly. Here's how to approach it.
A Crash Course in Working Capital
Karen Daniel, CFO of privately held Black & Veatch, is a stickler for GAAP and wants every manager to understand how their daily tasks affect corporate working capital.