Accounting professionals are accustomed to complying with accounting standards. Generally accepted accounting standards set the guidelines for reporting financial transactions in the United States.

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 ...

Today’s international financial environment requires accountants to be familiar with cross-border reporting practices, financial management strategies and international standards. The CMA (USA) ...

In its first formal action on IFRS since Chairman Mary Schapiro took office, the SEC plans to consider its policy on the use of IFRS by U.S. issuers at an open meeting Wednesday. The SEC, under former ...

Major global insurers are adapting well to new International Financial Reporting Standards (IFRS) but a PricewaterhouseCoopers survey says many of the financial statements are less clear and harder to ...

The journey to sustainability reporting for organisations often revolves around key steps. First, organisations must ...

The International Financial Reporting Standards Foundation has published a set of near-final examples showing how companies can improve the reporting of uncertainties in their financial statements ...

One of the drawbacks of having International Financial Reporting Standards could be that they might mean different things in different languages. Processing Content That’s one of the findings of a new ...

Wood Group (John) PLC06 July 2005 John Wood Group PLC ("Wood Group")Adoption of International Financial Reporting Standards ("IFRS")(Unaudited) Introduction The first set of results to be prepared ...