A key ongoing shift in financial reporting to the International Financial Reporting Standards (IFRS) 17 is underway, representing a significant accounting change that has necessitated segmentation of ...

Discover the key differences between IFRS and GAAP accounting standards, and learn how they impact financial reporting for ...

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 ...

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 ...

The IFRS Foundation, the group that oversees the International Accounting Standards Board and its work on International Financial Reporting Standards, published a case study report on how companies ...

Learn 12 essential things about financial statements that investors need to know. These insights can guide smarter investment ...

Under the current rules of the US Securities and Exchange Commission (SEC), foreign issuers are allowed to use International Financial Reporting Standards (IFRS) financial statements in their ...

With the last phase of implementation of interactive data rules fast approaching, the Director of the Division of Corporation Finance and the Chief Accountant of the U.S. Securities and Exchange ...

Accountants preparing and auditing financial statements for U.S. companies stand a good chance of encountering IFRS. The SEC requires financial statements to be filed in U.S. GAAP, and U.S. users of ...

For regulators and supervisory authorities in Bangladesh, IFRS from 2026 onwards offers a more nuanced lens to assess ...