The International Accounting Standards Board (IASB), the standard-setter responsible for International Financial Reporting Standards (IFRS), has confirmed that the new impairment transition resource group (ITG) to support the implementation of IFRS 9, Financial Instruments (2014), will meet up to three times a year in the run-up to implementation of the new standard in 2018

The International Accounting Standards Board (IASB) has published proposed amendments to IAS 12, Income Taxes, with the aim of clarifying how to account for deferred tax assets related to debt instruments measured at fair value

The International Accounting Standards Board (IASB) has published Equity Method in Separate Financial Statements (Amendments to IAS 27) 

The International Accounting Standards Board (IASB) has published an update on the most important early decisions reached on the leases project during the first half of 2014

In our round-up of the latest accounting news, we consider how NHS organisations are struggling to balance their books, public sector accountability and risk management, the latest plans to consult on lease accounting announced by EFRAG and IAS 19 for bearer plants is given green light

In our monthly review of international reporting issues, Peter Walton assesses the impact of IFRS 15 on reporting of revenue recognition issues and business combinations under IFRS 3 

Following concerns about a lack of adequate controls and accounting rules in the run-up to the financial crisis, a new accounting standard on financial instruments has been released by the global standard setter, the International Accounting Standards Board (IASB), to address impairment losses and hedge accounting.

The IFRS Foundation and the European Securities and Markets Authority (ESMA) have agreed a joint Statement of Protocols on International Financial Reporting Standards (IFRS) to serve as the basis for future co‑operation.

The long-awaited converged standard on revenue recognition, IFRS 15, is released despite ongoing concerns, government considers ban on corporate members on LLPs and FRC stresses importance of true and fair accounting to avoid misleading accounts, while FRSSE consultation is set for summer 2014

The latest discussions at the International Accounting Standards Board (IASB) meeting focused on re-exposing the standard on definition of assets and a contentious proposal on equity, writes Peter Walton