Financial Reporting Council of Nigeria (FRC), the body that is saddled with the responsibility of setting accounting standards in Nigeria, sees fair value accounting as an essential guidance that will enhance financial statement ...

 

 

IASB and FASB Look Beyond Convergence 

 

Officials from the Financial Accounting Standards Board and the International Accounting Standards Board spoke about the path forward on harmonizing U.S. GAAP with International Financial Reporting Standards as the two boards near the end ...