The SEC is proposing to move firms towards using international accounting standards: The Securities and Exchange Commission voted unanimously to seek public comment for 60 days on a "road map" to move ...

The new head of the International Accounting Standards Board is setting his priorities for the rule maker, including potentially changing requirements around intangible assets and weighing in on ...

Global standard-setters changed the accounting rules for companies recording business deals in hyperinflationary economies, offering a quick fix Thursday while considering a wider rewrite.

The International Financial Reporting Standards developed by the International Accounting Standards Board present guidelines for reporting the financial activities of a business. Similar to generally ...

The International Accounting Standards Board and the International Sustainability Standards Board are developing standards for rate-regulated activities and carbon.

The maintenance project was launched in response to concerns raised by stakeholders about potentially inconsistent application of the IFRS Accounting Standards to climate-related risks and ...

With the increasing acceptance of IFRS in the global economy and its possible adoption in the U.S., CPAs are keenly interested in developing a broader understanding of international standards. A major ...

A new international accounting standard for nonprofit organizations has emerged, drawing on the work of established standard-setters. Humentum, a global nonprofit, and the Chartered Institute of ...