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IFRS Accounting Standard Will Support Better Investment Decisions

CFA Institute

Nick Anderson was appointed as a member of the International Accounting Standards Board (IASB) in 2017. He has more than 30 years of practical experience, mainly as a buy-side investor using and supporting the development of high-quality financial reporting. He has a degree in economics, University College, Durham, UK.

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India Gives NBFCs Two Years To Adopt New Accounting Standards

PYMNTS

The Securities and Exchange Board of India will reportedly give non-bank financial companies (NBFCs) two years to adopt and implement changes to accounting standards, the Financial Express reported Wednesday (Sept. Impact of the financial results and implementation are just transitional in nature.”.

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Chinese Study highlights limitations on IAS 38, accounting for intangible assets

CFO Talks

Chinese Study highlights limitations on IAS 38, accounting for intangible assets A recent study from China highlighted the limitations of IAS 38 —the International Accounting Standard that governs intangible assets—and its impact on innovation, particularly in high-tech industries.

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Why IAS 38 is Hindering South Africa’s Growth: A Call for Change

CFO Talks

Why IAS 38 is Hindering South Africa’s Growth: A Call for Change In an era where innovation, intellectual property (IP), and intangible assets drive economic success, South Africa finds itself at a critical crossroads. They drive productivity, enhance competitiveness, and provide the foundation for long-term economic growth.

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Are Your Compliance Processes Keeping Up with Evolving Audit Requirements?

Bramasol

Overview of the PCAOB and AICPA The Public Company Accounting Oversight Board (PCAOB) is a regulatory body established by the Sarbanes-Oxley Act of 2002 in response to corporate accounting scandals like Enron and WorldCom.

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Medical Device Makers Leverage SAP Cloud ERP for New Business Models

Bramasol

Business System and ERP Challenges These new business models in the medical device sector present unique financial compliance and revenue reporting challenges including adjustments to traditional accounting practices to ensure accurate revenue recognition, proper tax treatment, and adherence to regulatory standards.

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Lease Accounting Updates that May Impact Your Business

VCFO

ASC 842 is a new accounting standard set forth by the Financial Accounting Standards Board (FASB). These impacts will include major changes to accounting practices and financial reporting, as well as increased scrutiny of contracts, service agreements, and all leases starting now and moving forward.