Foreign groups must choose between PFRS and IFRS aligned reporting in the Philippines to maintain consolidation accuracy and ...

The 2016 standard on leases met its objective of providing investors with useful information, but the costs of implementing and maintaining it were high.

IMGCAP(1)]I’m a CPA, and I’m here to tell you financial reporting became simpler and easier to use in two significant areas. Yes, I realize you’re not used to hearing that from an accountant or ...

In a move that will be closely scrutinized in the United States, the IFRS Foundation Monitoring Board and trustees announced joint plans for improving the governance and financing of the International ...

It should be no surprise that accounting standards have become more complex over the years. Transactions have become increasingly challenging as new products and services emerge and financial ...

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 ...

BUFFALO, N.Y. -- Lisa D. Filomia, on-call practice leader at Ernst & Young, will speak at the University at Buffalo School of Management on "International Financial Reporting Standards (IFRS): The U.S ...

The municipal market is rattled by legislation pending before the Senate that would require governments to standardize their financial reports, with opponents warning it would be onerous and costly ...

Michael Bromberg is a finance editor with a decade of experience. He is an expert at elucidating complex financial topics in clear, concise language. Michael received a Bachelor of Arts in literature ...

ClearPath CFO Advisory, a financial management firm specializing in bookkeeping, accounting, and advisory solutions, has ...