The new international accounting standard is aimed at more consistent reporting that’s better aligned with how businesses are ...

Reported net income (loss) refers to common shareholders' net income (loss) determined in accordance with IFRS. This document and the 2024 Annual MD&A contain certain amounts that are presented on a ...

For years, insurance accounting in Africa relied on a patchwork of practices that hindered comparability and often obscured ...

Accounting professionals are accustomed to complying with accounting standards. Generally accepted accounting standards set the guidelines for reporting financial transactions in the United States.

On May 17, 2024, the Director of the Division of Corporation Finance of the Securities and Exchange Commission, Erik Gerding, and the Chief Accountant, Paul Munter, issued a statement regarding ...

Journal of Accounting Research, Vol. 53, No. 5 (DECEMBER 2015), pp. 915-963 (49 pages) We outline several properties of IFRS that potentially affect the contractibility or the transparency of ...