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Preparing for Upcoming ESG Disclosure Requirements

Withum

ESG Disclosure Standards To navigate the evolving landscape of ESG reporting standards, companies must proactively integrate the forthcoming disclosure requirements into their reporting processes. International accounting standards will require sustainability disclosure alongside finance statements.

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Bridging The Accounting Gap For Lessors And Lessees

PYMNTS

The International Accounting Standards Board introduced a significant overhaul to lease accounting standards , and while the changes went into effect at the start of 2019, corporates continue to face challenges to adhere to the standards and remain compliant.

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The Path to Sustainable Mining: Leveraging Digital Strategies to Prepare for the Future of ESG Assurance

Withum

International accounting standards will require sustainability disclosure alongside finance statements. Furthermore, these reporting standards will require the adoption of internal controls that can support an independent audit.

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Corporate Investors Irked By Lease Accounting Changes

PYMNTS

The International Accounting Standards Board established the new lease accounting rules because previous lease accounting practices limited investor and analyst visibility into company finances without leases included on the balance sheet, reports explained.

Account 49
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GAAP: What It Is and Why Your Investors Expect It

inDinero Accounting

Along this journey, influential organizations such as FASB and International Accounting Standards Board have played a major role in establishing and maintaining GAAP standards across different jurisdictions and industries worldwide. This helps businesses better manage their costs, finances, and risks.

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[07/11/21] The Sad State of Accounting

Baruch Lev

The Wall Street Journal reported (July 1, 2021) that the International Accounting Standards Board (IASB), the accounting body that sets the financial reporting rules of public companies in more than 140 jurisdictions ? This is not a reliable accounting system. but not in the U.S. — Congratulations Mr. Barckow!

Account 40
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[06/06/21] Don’t Be Fooled By Corporate Losses

Baruch Lev

A colleague opens his MBA finance class by asking the students: “Who would invest in a company which reported 10 consecutive years of losses?” Intangibles are clearly investments, expected to generate future benefits, but accountants treat them as regular expenses reducing earnings. Pfizer’s $9.4