Category Archives: Updates

IFRS 3 – Accounting for Business Combinations

Speaker at Business Conference and Presentation. Audience at the conference hall.

June 19: IFRS 3 – Accounting for Business Combinations With merger and acquisition activity at an all-time high, accountants have to know how to apply IFRS 3 – Business Combinations. They are expected to know the rules for integrating the acquired company’s assets, liabilities and equity, and how to assign fair values to them, advise management on the choice of options offered

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Robert Half – Trends, Standards in Finance and Accounting

Cost of Internal Accounting Finance Function Staff

Report Finds Finance Function Costs Increasing as Talent Shortages Intensify Survey From Robert Half, FEI Examines Trends, Standards in Finance and Accounting. CNW Newswire: MENLO PARK, Calif., and MORRISTOWN, N.J., June 5, 2015 /CNW/ — Costs associated with the finance function are rising for many firms, according to a new survey of executives from finance and accounting departments at public and private

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IFRS Accounting – Proposed changes to the Conceptual Framework

Speaker at Business Conference and Presentation. Audience at the conference hall.

Live web presentation on proposed changes to the Conceptual Framework. The IASB will give this live web presentation On 17 June 2015. Hans Hoogervorst the IASB Chairman and the IASB staff will introduce the Exposure Draft. This draft was published on May the 28th, 2015 which answers questions from the public. The IASB goes on to say: “The Conceptual Framework underpins International Financial Reporting Standards (IFRS) and

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IFRS 2 – Accounting for Share-Based Payments Simplified

Webinar updates

June 12: IFRS 2 – Accounting for Share-Based Payments Simplified Companies often grant shares or share options to employees, directors, senior executives, or other parties such as suppliers and providers of professional services. The popularity of share plans and share option plans has made it imperative that accounting professionals understand how to account for share-based payment transactions. Topics covered include:

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Networking at the Top: 7 Tips for Current and Aspiring CFOs

networking

“The importance of networking is no secret to any accounting and finance professional – particularly those who have already made their way up the ladder. But brushing up on networking skills is never a bad idea, even for experienced finance managers and chief financial officers.” as posted by Robert Half Management Resources on February 11, 2015 at 3:00 PM They go

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IFRS Webinar – First-Time Adoption Made Easy

Webinar updates

June 5: IFRS 1 – First-Time Adoption Made Easy – Webinar Publicly Accountable Enterprises (PAE’s) are always expected to publish their first comparative financial statements (including quarterly statements) based on International Financial Reporting Standards (IFRS). They will need to implement the new standards well in advance of that date using IFRS Standard # 1.  IFRS Standard # 1 was specifically issued

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PROPOSED AMENDMENTS TO IAS-1

Changes to IAS-1

Background: Issue of clarifying how entities classify debt, especially when it comes up for renewal was originally discussed in Annual Improvements to IFRSs (2010-2012 cycle) whereby amendments were proposed to clarify that a liability is classified as non-current if an entity expects, and has discretion, to refinance or roll-over the liability for at least 12 months (after reporting period end)

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Webinar on Standards – Developments in IFRS

webinar participation

Accountants: This IFRS Webinar is important for some and imperative for others   Webinar – Developments in IFRSs: 2015 Mid-year Update The Standard announced “Tune in to this webinar on June 19, 2015 (French) or June 26, 2015 (English) to get an up-to-date briefing on IFRSs.” It is important that International Financial Reporting Standards (IFRSs) be kept up to date by all those who

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Standards for Private Enterprises – Webinar

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Standards for Private Enterprises –  Webinar Webinar – Developments in ASPE and NFPO Standards: 2015 Mid-year Update The Standard announced that on June 17, 2015 (English) and June 10, 2015 (French) tune in to this webinar “to hear about what is happening with accounting standards for private enterprises and not-for-profit organizations.” This webinar features the following speaker: Brian Drayton, FCA, CMC, member

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AcSB Annual Plan – 2015-2016

AcSB Annual Plan – 2015-2016

The AcSB Annual Plan sets out the AcSB’s objectives and planned activities for: publicly accountable enterprise, private enterprises, and not-for-profit organizations along with other initiatives to be undertaken in 2015-2016. The key elements that will be considered in the Annual plan are summarized as follows: The maintenance of the separate strategies for “each major category of reporting entity.” The AcSB will continue to support the

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