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IASB finalises fundamental overhaul of insurance accounting

by admin | May 24, 2017 | Accounting, Tech News

The International Accounting Standards Board (the Board) has issued IFRS 17 Insurance Contracts to replace the current IFRS 4, which will help investors and others better understand insurers’ risk exposure, profitability and financial position. IFRS 4 has given...

IESBA Proposes New Guidance for Professional Skepticism and Professional Judgment

by admin | May 18, 2017 | Accounting, Tech News

The International Ethics Standards Board for Accountants (IESBA) released for public comment the Exposure Draft, Proposed Application Material Relating to Professional Skepticism and Professional Judgment. The Exposure Draft links key concepts in the IESBA Code of...

Pocket Guide to IFRS Standards: the global financial reporting language

by admin | May 6, 2017 | Accounting, Tech News

The International Financial Reporting Standards (IFRS) has published the 2017 edition of Pocket Guide to IFRS Standards: the global financial reporting language, which shows continuing progress towards further enhancing the quality of global accounting standards. The...

IASB Proposes Minor Amendments to IFRS9 to Aid Implementation

by admin | Apr 26, 2017 | Accounting, Tech News

The International Accounting Standard Board (IASB) has proposed minor amendments to be made to IFRS 9 Financial Instruments to enable companies to measure at amortised cost certain prepayable financial assets with so-called negative compensation. The proposed...

New Guide for Investor to Gain Deeper Insights to Make Investment Decisions

by admin | Apr 5, 2017 | Accounting, Tech News

The Accounting Corporate Regulatory Authority (ACRA), the Institute of Singapore Chartered Accountants (ISCA) and the Securities Investors Association Singapore (SIAS) have jointly produced a guide to help investors better engage company directors, management and...

IASB publishes Discussion Paper on financial statements disclosure principles

by admin | Mar 31, 2017 | Accounting, Tech News

The International Accounting Standards Board (IASB) published a comprehensive Discussion Paper set out the IASB’s preliminary views for more effective financial statements disclosure principles that should be included in a general disclosure standard or in...
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Recent Posts

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