International Reporting: August 2011

1 Aug 2011

IFRS expert David Cairns provides a round-up of the latest international accounting standards

IASB

Presentation of Financial Statements

The IASB has issued an amendment to IAS 1, Presentation of Financial Statements, which requires an entity to group items presented in other comprehensive income (OCI) on the basis of whether or not they may subsequently be reclassified to profit or loss.

Your free features:

Breaking news and expert analysis
Customisable daily newsletters
Six free CPD learning modules each year
Personalised CPD tracker
Top 75 Firms league tables
Regulatory changes
Hardman’s Tax Data

Finance | Legal updates: defective request to view register of members under section 117

Finance | IASB clarifies fair value rules in IAS 28

Finance | IFRS Foundation cuts costs by 15%

Finance | IASB consults on clarifying fair value in IAS 28

Finance | Another change to FRS 102 accounts