Category Archives: Updates

The IFRS Foundation publishes the IFRS Taxonomy 2015

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The IFRS issued the IFRS Taxonomy 2015 today, which is is consistent with IFRS as issued by the International Accounting Standards Board (IASB) at 1 January 2015 which included including Standards issued but not yet effective at that date. Follow for the full news story: http://www.ifrs.org/Alerts/XBRL/Pages/The-IFRS-Foundation-publishes-the-IFRS-Taxonomy-2015-.aspx Note: The IFRS Taxonomy Team announced that they will be holding a IFRS Taxonomy

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New IFRS French Translations Available Online

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The IFRS Foundation is pleased to announce New French translations for Investment Entities: Applying the Consolidation Exception (Amendments to IFRS 10, IFRS 12 and IAS 28)and Disclosure Initiative (Amendments to IAS 1). eIFRS Professional/eIFRS Comprehensive subscribers can access theses translations from the following: http://eifrs.ifrs.org/eifrs/PDFArchive?categoryId=469&sidebarCategoryId=1 The French translation of the Exposure Draft Classification of Liabilities (Proposed Amendments to IAS 1), can

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Forthcoming IFRS Publication Alert

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The IFRS Foundation is pleased to announce that the IFRS Taxonomy 2015 publication is expected to be issued on March the 11th. This is provided by the IFRS Foundation’s to address the demand for an electronic standard to transmit IFRS financial information.. Click here for more information as to when the IFRS Taxonomy 2015 will be available http://www.ifrs.org/XBRL/Pages/XBRL.aspx Will you

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Executive Perspectives on Top Risks for 2015

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Executive Perspectives on Top Risks for 2015 is a webinar recap that Robert Half Management Resources has posted. In it “Regulatory changes and heightened scrutiny may affect the manner of production or delivery of products or services “ was the number one risk. Follow for the rest of the risks and stories at: http://tinyurl.com/pcolpnk   Is this your number one risk; if not

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Accounting Standards Advisory Forum meeting: 26 to 27 March – Agenda Papers have been posted

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The Accounting Standards Advisory Forum meeting is set for March 26-27. This is a public meeting taking place at the IASB office in London. Follow for the Agenda and meeting details: http://www.ifrs.org/Meetings/Pages/ASAF-meeting-March-2015.aspx   The meetings audio recording(Webcast recordings) will be made available shortly after the meeting finishes on the same page as the Agenda and meeting details. Have you attended

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The Extended Scope of IFRS

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Europe celebrates 10 years of the application of IFRS. Philippe Danjou (Member of the IASB, former Director of Accounting Affairs of the AMF) summarizes the results of an IFRS Foundation wide-ranging study in an article entitled ‘The extension of the scope of IFRS’.   Read the article here: http://www.ifrs.org/Features/Documents/Philippe-Danjou-article-Extension-of-scope-of-IFRS-February-2014.pdf     More than 52% of the largest companies in the

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Group meeting on Rate-regulated Activities

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The consultative meeting will take place on Wednesday March 4th, 2015 at London’s IASB office. The meeting is public and they will be hosting a webcast for those of us not in the local area. To get the documentation and sign up for the discussion you can go to: http://www.ifrs.org/Meetings/Pages/Rate-regulated-Activities-Consultative-Group-meeting-March-2015.aspx Do you believe all the issues are covered? Do you

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Updates for Investors regarding IASB’s Insurance Contracts Project

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Stephen Cooper, a member of the IASB, presents an update for investors on the IASB’s insurance contracts project with changes that he believes will be beneficial to you. Steve and the IASB are delivering on their promise to deliver improvements on insurance contracts accounting. There is more work to do, therefore the journey continues. Key advances discussed in the article

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The IASB on Stakeholder Engagement

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The IASB has published a short Project Update: Definition of a Lease (February 2015) in the interest of providing feedback to stakeholders. The new definition demonstrates the IFRS Foundations commitment to extensively engage with its stakeholders. Feedback is welcomed as stakeholder views help in better understanding the implications of proposals. The result, better proposals. In fact, the IFRS Foundation is

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