Accounting Standards

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Image for iasb and fasb boards prioritise lease standard

Finance | IASB and FASB boards prioritise lease standard

Lease reform will be on the agenda at this week’s joint International Accounting Standards Board (IASB) and Financial Accounting Standards Board (FASB) joint board meeting in the US, according to sources at the global standard-setter

18 Mar 2014

Finance | DfE slammed over related party payments at academies

The Department for Education (DfE) has come under fire over claims that poor data and inadequate governance controls have allowed some of the trusts running new academy schools to authorise payments to private businesses in which their trustees had a financial interest

10 Mar 2014

Finance

Accounting Standards

Financial Reporting

Finance | IFRS Foundation and IVSC collaborate on fair value

The IFRS Foundation and the International Valuation Standards Council (IVSC) have issued a joint statement of protocols for co-operation on the consistent measurement of fair value for financial reporting, which should lead to enhanced financial statements prepared in accordance with International Financial Reporting Standards (IFRS)

6 Mar 2014

Finance | Comment: unbundling the bill

Plans to overhaul the accounting rules on revenue recognition are filtering across the retail world as telcos rejig their contract arrangements, says Sara White

5 Mar 2014

Finance | Anglo-Eastern Plantations to restate 2012 accounts

Palm oil producer Anglo-Eastern Plantations has restated a second set of accounts, following a review conducted by the Financial Reporting Council’s (FRC’s) conduct committee which queried its approach to accounting for biological assets in a review of its 2010 annual report and accounts

28 Feb 2014

Finance

Accounting Standards

Financial Reporting

Image for eu drops icaew mazars leads ifrs review

Finance | EU drops ICAEW, Mazars as leads on IFRS review

ICAEW and mid-tier accounting firm Mazars have confirmed that the European Commission has cancelled their contract to provide a critical review of the costs and effects of using IFRS within the EU

21 Feb 2014

Finance | Interim IFRS standard on rate regulation

3 Feb 2014

Finance | International reporting: February 2014

Staff reorganisation at the global accounting standard-setter sees an expansion of mid-level staff and a boost to the technical team, says Peter Walton

3 Feb 2014