During a consultative process, the International Public Sector Accounting Standards Board® (IPSASB®) sought input on its future strategic direction to ensure it continued to respond to the global financial reporting needs of governments and other public sector entities.

 

 

Deliberations by the IASB on the new accounting model for leases will be completed this month and the final Standard is scheduled to be issued later this year.  Responding to calls from stakeholders for further information on the possible ...

 

The US Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) voted Wednesday to propose additional changes to the converged revenue recognition standard to address implementation concerns of ...

 

 

THE Code of Professional Conduct and Ethics for public accountants and accounting entities will be strengthened further from Feb 1 next year.