The US Financial Accounting Standards Board (FASB) has issued its long-awaited accounting standards update (ASU) to improve and simplify accounting rules around hedge accounting, the final component of its financial instruments convergence project with the International Accounting Standards Board (IASB)

IFRS 9 Financial Instruments is fast approaching with companies having to implement the standard by January 2018, Jeroen Van Doorsselaere, vice president of risk and finance, and Sarfaraz Ahmed, market manager at Wolters Kluwer consider the timetable 

Bundled services and specific industry sectors will need to overhaul revenue recognition reporting under the new accounting standard, IFRS 15 Revenue from Contracts with Customers, and now is the last chance to ensure that everything is in place for the new accounting rules effective date from 1 January 2018, explains Brian O’Donovan, partner in KPMG's international standards group

The International Accounting Standards Board (IASB) should work to simplify standards and ensure they are released more quickly, according to independent research

In this month’s roundup of developments in accounting and financial reporting, FRC confimrs ni IFRS changes to FRS 102, IFRS chief calls for clarity on cashflow and income, FRC to revise PN 12 money laundering guidance

This month's exclusive CCH Daily CPD module focuses on limited liability partnership (LLP) accounting standards and the 2017 SORP, small LLPs applying section 1A and micro LLPs, specific accounting requirements for LLPs and auditor resignation

Jeroen van Doorsseleaere, VP of risk and finance at Wolters Kluwer, asks whether IFRS 17 will benefit insurers and considers the IASB's inititives for the next 12 months, as announced at the annual IFRS conference

The Financial Stability Board (FSB) has put its weight behind the new insurance contracts standard, IFRS 17, and is calling for insurers to begin implementing the standard as soon as possible

The International Accounting Standards Board (IASB) should be looking at making financial statements shorter, more relevant and more enticing to read, and with greater use of technology, according to feedback from the Financial Reporting Council (FRC) and the European Financial Reporting Advisory Group (EFRAG)

The Financial Reporting Council (FRC) has issued its final amendments to FRS 101 Reduced Disclosure Framework as part of its annual review cycle

Jeroen van Doersselaere examines what organisations need to do over the next three-and-a-half years order to comply with IFRS 17 Insurance Contracts 

The European Financial Reporting Advisory Group (EFRAG) is asking for feedback from preparers, users, academics and others on their experiences with IFRS 13 Fair Value Measurement, to feed into the IASB’s post implementation review of the standard