Category Archives: Updates

March is Fraud Prevention Month!

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On behalf of the Fraud Prevention Forum; the Competition Bureau has brought you the following: FRAUD: RECOGNIZE IT. REPORT IT. STOP IT. The Competition Bureau goes on to say: Fraud by telephone, Internet and mail is a serious international problem. It steals your money, your identity and even your self-respect. You can protect yourself by learning to recognize the signs.

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IASB Research Projects Update

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The IASB discussed the following elements of the Research Projects in their February meeting: ·         Disclosure Initiative ·         Business Combinations All of the agenda papers presented by the staff are available as follows: http://www.ifrs.org/Meetings/Pages/IASB-Meeting-February-2015.aspx The next meeting is to be held on March the 17th to 19th 2015. Follow to see the agenda papers: http://www.ifrs.org/Meetings/Pages/IASB-Meeting-March-2015.aspx Do you have any relevant

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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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IFRS for SMEs Update

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The IFRS Foundation has issued the IASB’s IFRS for SMEs (Small and Medium-sized Entities) Update. The update, which is a staff summary of news, is published on a regular basis (Usually monthly except for July and August, which is usually combined). These updates that are available in both HTML and PDF format on the IASB’s website. What are your thoughts

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