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News Archive

Professor Newspaper

Our News Archive lets you browse through the last 6 months worth of News articles (3 weeks only available to unregistered users).

If you are a registered Partner of Accounting Education, you can also search all our News articles using the Advanced Search.

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Showing articles: 1 to 10 (out of 74)   previous | next

GASB new logo GASB ISSUES USER SURVEY ON THE EFFECTIVENESS OF STATEMENT 34
Contributed by: Bob Schneider
20 September 2014

The Government Accounting Standards Board (GASB) is currently conducting pre-agenda research to inform its assessment of the effectiveness of Statement No. 34, Basic Financial Statements—and Management’s Discussion and Analysis—for State and Local Governments, and related standards.


FASB new logo PCC VOTES TO SEND GAAP EXEMPTION TO FASB FOR APPROVAL
Contributed by: Bob Schneider
20 September 2014

The Private Company Council (PCC) met on September 16, 2014. It voted to send a GAAP exemption to the FASB for approval and also discussed actions in other areas.


AASB logo AASB ISSUES ITC 32 - REPORTING THE FINANCIAL EFFECTS OF RATE REGULATION
Contributed by: Andy Lymer
20 September 2014

The Australian Accounting Standards Board (AASB) has issued ITC 32 Reporting the Financial Effects of Rate Regulation (which incorporates IASB DP/2014/2 of the same name). The AASB seeks feedback from constituents.


CHARTERED ACCOUNTANTS AUSTRALIA NEW ZEALAND SIGN MOU WITH INDIAN INSTITUTE OF CHARTERED ACCOUNTANTS
Contributed by: Andy Lymer
20 September 2014

Chartered Accountants Australia and New Zealand has announced a new Memorandum of Understanding (MOU) with the Institute of Chartered Accountants of India. The MOU coincides with the recent launch of a thought leadership publication The Accounting Profession’s Engagement with Asia. The publication highlights the importance of fostering closer ties with members, strategic partners and policy makers in Asia, with shaping the future of the accounting profession and collaboratively advancing our thought leadership and advocacy activities key focuses.


IPSASB APPROVES PUBLIC SECTOR CONCEPTUAL FRAMEWORK
Contributed by: Andy Lymer
20 September 2014

The International Public Sector Accounting Standards Board® (IPSASB®) has approved its Conceptual Framework for General Purpose Financial Reporting by Public Sector Entities (the Conceptual Framework).


AASB ISSUES ED 254 - MEASURING QUOTED INVESTMENTS IN SUBSIDIARIES, JOINT VENTURES AND ASSOCIATES AT FAIR VALUE
Contributed by: Andy Lymer
20 September 2014

The AASB has issued ED 254 Measuring Quoted Investments in Subsidiaries, Joint Ventures and Associates at Fair Value. The AASB ED (which incorporates the IASB ED of the same name) seeks comments on the proposals to amend a range of Accounting Standards to clarify that an entity should measure the fair value of quoted investments and quoted cash-generating units as the product of the quoted price for the individual financial instruments that make up the investments held by the entity and the quantity of financial instruments.


FRC UPDATES UK CORPORATE GOVERNANCE CODE
Contributed by: Andy Lymer
20 September 2014

The Financial Reporting Council (FRC) has issued an updated version of the UK Corporate Governance Code (the Code). This significantly enhances the quality of information investors receive about the long-term health and strategy of listed companies, and raises the bar for risk management.


CONVENTIONS FOR ELECTRONIC TAGGING OF ACCOUNTS PUBLISHED BY FRC
Contributed by: Andy Lymer
20 September 2014

The Financial reporting Council (FRC) has published three finalised XBRL tagging conventions (“taxonomies”). Taxonomies enable accounts to be filed electronically and for users of information in corporate reports to extract the data they want and analyse it more effectively.


NZASB ISSUE PBE STANDARDS AND THE PUBLIC BENEFIT ENTITIES FRAMEWORK
Contributed by: Andy Lymer
20 September 2014

NZASB have issued the PBE Standards and the Public Benefit Entities' Framework (PBE Framework) that incorporate enhancements for not-for-profit entities.


IASB PUBLISHES PROPOSALS FOR MEASURING QUOTED INVESTMENTS IN SUBSIDIARIES, JOINT VENTURE AND ASSOCIATES AT FAIR VALUE
Contributed by: Andy Lymer
20 September 2014

The International Accounting Standards Board (IASB) has published for public comment an Exposure Draft detailing proposals concerning the measurement of investments in subsidiaries, joint ventures and associates at fair value when those investments are quoted in an active market.


Showing articles: 1 to 10 (out of 74)   previous | next
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