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

The International Accounting Standards Board introduced update proposals for the IFRS for SMEs accounting standard Thursday, to reflect recent improvements in International Financial Reporting ...

The IFRS Foundation has launched eIFRS Professional, a new way for accountants to access information online about International Financial Reporting Standards. eIFRS Professional is designed to provide ...

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

The coming year will be the time for testing and implementing the processes for new IFRS accounting rules designed to ensure that financial reporting more accurately reflects how companies manage ...

The SEC’s unanimous approval in February of a new policy statement and staff work plan set the scene for a watershed vote next year on if and when the CPA profession will be required to transition to ...

MUMBAI, Jan 20 (Reuters) - The benefits of Indian banks' switching to the International Financial Reporting Standards (IFRS) accounting rules will outweigh any short-term impact on capital levels and ...

In line with the on-going financial reforms, significant public interest entities and companies listed on the Nigerian Stock Exchange were mandated to prepare their financial statements in line with ...

Nigerian financial services regulators and other stakeholders have started awareness campaign to prepare Nigerian companies for the imminent release of the International Sustainability Standards Board ...

Discover the key differences in inventory accounting between GAAP and IFRS, including valuation methods, write-down reversals ...