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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 49)   previous | next

IAESB logo IAESB PROPOSES FRAMEWORK TO ENHANCE CLARITY OF STANDARDS
Contributed by: Andy Lymer
24 July 2014

The International Accounting Education Standards Board (IAESB) has undertaken a project that has improved the relevancy, clarity, and consistency of its standards as well as their applicability to International Federation of Accountants (IFAC) members and associates.


ISACA logo ISACA OUTLINES FIVE PRINCIPLES FOR EFFECTIVE INFORMATION AND TECHNOLOGY GOVERNANCE
Contributed by: Andy Lymer
24 July 2014

In new guidance just issued, global IT association ISACA has outlined five principles organizations can use to effectively govern and manage their information and technology.


Center for Audit Quality U.S. STUDY SHOWS BIG DECLINE IN RESTATEMENTS
Contributed by: Bob Schneider
24 July 2014

An in-depth academic analysis of trends and characteristics of restatements to public company financial statements in the United States in the 10-year period following the Sarbanes-Oxley Act (SOX) reveals a substantial drop in the number and severity of restatements.


IASB COMPLETES REFORM OF FINANCIAL INSTRUMENTS ACCOUNTING
Contributed by: Andy Lymer
24 July 2014

The International Accounting Standards Board (IASB) has completed the final element of its comprehensive response to the financial crisis by issuing IFRS 9 Financial Instruments. The package of improvements introduced by IFRS 9 includes a logical model for classification and measurement, a single, forward-looking ‘expected loss’ impairment model and a substantially-reformed approach to hedge accounting.


FAQS PUBLISHED ON DEVELOPMENT OF INTERNATIONAL PROFESSIONAL VALUATION STANDARDS
Contributed by: Andy Lymer
22 July 2014

As the project to develop International Professional Standards gets underway, the Professional Board has issued a set of FAQs discussing the reasons behind the project commenting on its scope.


AASB MEETING REPORT (JULY 2014) - INCLUDING TIER 2 DISCLOSURE REQUIREMENTS, STAPLING ARRANGEMENTS AND DISCLOSURE INITIATIVE
Contributed by: Andy Lymer
22 July 2014

The AASB’s meeting (M139) was a two day meeting held on 16-17 July 2014. At this meeting the AASB made key decisions in relation to: Revenue – Tier 2, Stapling Arrangements and the Disclosure Initiative.


IFRS FOUNDATION AND ESMA SIGN JOINT STATEMENT OF PROTOCOLS
Contributed by: Andy Lymer
22 July 2014

The IFRS Foundation and the European Securities and Markets Authority (ESMA) have announced the agreement of a joint Statement of Protocols to serve as the basis for future co-operation in areas of mutual interest.


AOSSG RELEASE ACCOUNTING REPORT ON NEPAL
Contributed by: Andy Lymer
22 July 2014

AOSSG has published a report on the accounting standard setting capacity in Nepal. It makes a number of specific recommendations for how Nepal can be assisted in developing its capacity in this area.


EFRAG RELEASE DISCUSSION PAPER ON CLASSIFICATION OF CLAIMS
Contributed by: Andy Lymer
22 July 2014

EFRAG has published a Discussion Paper “Classification of Claims” to assist in developing an informed and reasoned approach to the claims side of the balance sheet, including the equity/liability distinction.


ESMA ISSUE GUIDELINES ON ENFORCEMENT OF FINANCIAL INFORMATION
Contributed by: Andy Lymer
22 July 2014

The European Securities and Markets Authority (ESMA) has published its final Guidelines on the enforcement of financial information published by listed entities in the European Union (EU). The aim of the guidelines is to strengthen and promote greater supervisory convergence in existing enforcement practices amongst EU accounting enforcers.


Showing articles: 1 to 10 (out of 49)   previous | next
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