ifrs

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Latest blogosphere posts tagged “ifrs”

  • Jack has it right: It truly is an accounting vortex


    CPA SuccessAuthority Authority: 420
    Jack Ciesielski is dead-on in his post "An Accounting Vortex,"  in which he describes the turbulent, spinning changes in accounting regulations and standards. Specifically, he is referring to the SECs quick reversal from a slowdown to a race to get to IFRS fast.  Then there is the House bill exempting ...
    11 hours ago
  • SEC Hints at U.S. IFRS Adoption


    Accounting PrinciplesAuthority Authority: 110
    Following a joint meeting of the IASB and the FASB last week, SEC chairman Mary Schapiro provided a hint on U.S intentions on convergence with IFRS . Schapiro read a 40-word statement last week that included the words "I am greatly encouraged by the commitment of the IASB and the FASB to provide greater ...
    2 days ago
  • Tipping point arrives for private co. standards


    CPA SuccessAuthority Authority: 420
    After hitting a few roadblocks, potholes and caution signs earlier this year, IFRS is back in the express lane . In the last few weeks alone, weve seen SEC Chief Accountant James Kroeker promise additional clarity on the SECs IFRS roadmap , the IASB and FASB renew their commitment to hitting their convergence ...
    2 days ago
  • Accounting Framework of the IFRS for Small Business [SMEs]


    Accounting-financial-tax.com offers bookkeeping journal entry basic accounting financial accounting management accounting tax accounting cash management accounting cost accounting financial ratio budget forecastingAuthority Authority: 129
    “Small and Medium-sized Entities [SMEs]” has different meanings in different territories. The definition in the context of the IFRS for SMEs is entities that do not have public accountability but that publish general purpose financial statements. Every entity has some form of accountability, if only to its owners ...
    3 days ago
  • SEC Chief Accountant says SEC will Clarify IFRS Roadmap by end of Fall


    Accounting PrinciplesAuthority Authority: 110
    Last Friday, October 30, SEC Chief Accountant James Kroeker announced that the SEC remains committed to its IFRS road map . Kroeker said he does not know the exact date the SEC will finalize its plan some time this fall. The information was provided as an answer to a question following Kroeker’s speech at an ...
    1 week ago
  • Which IFRS are needed for your SEM-BCS?


    SAP Developer Network SAP WeblogsAuthority Authority: 152
    A look at which IFRS and IAS statements are most relevant to BCS.
    1 week ago
  • Taarifa kwa vyombo vya habari kutoka mkutano wa NBAA, CMSA, BRELA na DSE


    nukta77Authority Authority: 146
    Katika Mkutano uliofanyika tarehe 27 Octoba 2009 ukishirikisha Bodi ya Taifa ya Wahasibu na Wakaguzi wa Hesabu (NBAA), Mamlaka ya Masoko ya Mitaji na Dhamana (CMSA), Wakala wa Usajili na sheria za Biashara (BRELA), and Soko la Hisa la Dar es Salaam (DSE) zikiwa ni taasisi zinazosimamia shughuli za kampuni chini ya ...
    1 week ago
  • Opposition to IFRS among U.S. CFOs


    Accounting PrinciplesAuthority Authority: 110
    While recent surveys have shown support for IFRS among financial executives, a recent Grant Thornton survey Forty percent of U.S. CFOs and senior comptrollers do not believe U.S. companies should be required to useIFRS. Thirty-nine percent of the 846 senior financial executives surveyed said that U.S. companies ...
    2 weeks ago
  • New FAQs examine IFRS for small, mid-size companies


    CPA SuccessAuthority Authority: 420
    IFRS is hot again, and public companies arent the only ones getting in on the act. Equally hot of late is IFRS for Small and Medium-Size Entities , a 230-page standard from the International Accounting Standards Board designed to meet the reporting needs of smaller businesses. Released in July 2009, IFRS for SMEs ...
    2 weeks ago
  • BP: Financial Gauge Analysis through the September 2009 Quarter


    Financial GaugesAuthority Authority: 421
    In a previous article , we examined BP s ( NYSE: BP and LON:BP ) Income Statement for the September quarter and compared the figures on each line to our "look-ahead" estimates .  Earnings in the third quarter fell from $2.58 per ADR to $ 1.69. Using the financial statements in BPs earnings ...
    2 weeks ago
  • Technology Implications of IFRS


    SAP Developer Network SAP WeblogsAuthority Authority: 152
    This blog discusses details of a webinar Im co-presenting on November 4th titled, IFRS Consolidations and Financial Reporting.
    2 weeks ago
  • BP: Income Statement Analysis for the September 2009 Quarter


    Financial GaugesAuthority Authority: 421
    BP ( NYSE: BP ) surpassed expectations by achieving a $1.69 per ADR profit attributable to shareholders in the  third quarter of 2009, which ended 30 September.  The profit in the same period last year was $2.58/ADR. This post examines the Group Income Statement for the quarter in the earnings announcement ...
    2 weeks ago
  • U3O8 Corp. to early adopt Int. Financial Reporting Standards in 2010


    Uranium Investing NewsAuthority Authority: 437
    U3O8 Corp., a Canadian uranium exploration company, reportsthat the Canadian Securities Administrators have approved its application for early adoption of International Financial Reporting Standards as issued by the International Accounting Standards Board, for the financial year beginning on January 1, 2010. ...
    2 weeks ago
  • Differences Between IFRS and GAAP Could Create Challenges for Educators


    Corporate Compliance InsightsAuthority Authority: 422
    By Dr. Yvonne HinsonIFRS will most likely come to the U.S. in some form but the timeline is still unknown. The differences between IFRS and GAAP are something that educators need to be addressing now as they send students out into a global marketplace. (This is only a summary of the article. Click on the headline to ...
    3 weeks ago
  • NOK: Financial Gauge Analysis for the September 2009 Quarter


    Financial GaugesAuthority Authority: 421
    In previous article , we examined Nokia s ( NYSE: NOK ) Income Statement for the third quarter of 2009 and compared the figures on each line to our "look-ahead" estimates .  Nokia wrote off €900 million of intangible assets during the quarter, which resulted in a loss of €0.15 per share. Using the ...
    3 weeks ago
  • NOK: Income Statement Analysis for the September 2009 Quarter


    Financial GaugesAuthority Authority: 421
    Nokia Corp. ( NYSE: NOK ) lost €0.15 per share in the third quarter of 2009, down from earnings of €0.29 last year.  If Nokia had not written off €900 million of intangible assets , the company would have earned €0.17 per share. This post examines the Income Statement and compares the entries on each ...
    3 weeks ago
  • Assessing IFRS Readiness


    SAP Developer Network SAP WeblogsAuthority Authority: 152
    First webinar of a three-part IFRS webinar series on conducting an IFRS assessment.
    3 weeks ago
  • Why (and what) you need to know about IFRS for SMEs


    CPA SuccessAuthority Authority: 420
    Remember Captain Hook from Peter Pan? Mister Smee was Hooks right-hand man and a rather humorous and good-natured pirate (as pirates go). Can the new IFRS for SMEs (small-medium enterprise edition) be your "right-hand man?" Standing at only 238 pages (yep, that is the full set of standards), SME could be the ...
    4 weeks ago
  • IFRS Adoption Strategy


    Accounting PrinciplesAuthority Authority: 110
    IFRS adoption is a complex multi-year process . It will absorb corporate resources —much like SOX implementation did for U.S. public companies. Muti-year programs should begin with a well mapped out strategy. In setting their strategies, future IFRS adopters would be wise to leverage experiences of adopters ...
    8 weeks ago
  • Are we lost on the road to IFRS?


    CPA SuccessAuthority Authority: 420
    Whats going to happen with IFRS? It depends on who you ask ... and when. Less than a year ago, U.S. adoption of international financial reporting standards was all but certain. Former SEC Chair Christopher Cox, a huge IFRS proponent, had helped drive through the SECs "roadmap"  for how public companies should make ...
    8 weeks ago

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