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IASB proposes to improve acquisition reporting

Accounting Today

The International Accounting Standards Board hopes to enhance the information provided by companies to their investors about acquisitions under IFRS.

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2024 SEC Filing Deadlines and Financial Statement Staleness Dates

Cherry Bekaert

Our Accounting Advisory team regularly interprets and applies U.S. and international accounting standards and SEC reporting requirements to our client’s complex business transactions.

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IASB Releases Guidance on Application of IFRS 9 During Time of Uncertainty Due to COVID-19 Pandemic

MarkFriedlich

The International Accounting Standards Board (IASB) has released the document, IFRS 9 and COVID-19—Accounting for Expected Credit Losses Applying IFRS 9 Financial Instruments in the Light of Current Uncertainty Resulting from the COVID-19 Pandemic.

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Grant Thornton Appoints New Leaders to Audit Quality & Risk Leadership Team

CPA Practice

He previously served as a member of the Financial Accounting Standards Board’s Current Expected Credit Losses Transition Resource Group and the International Accounting Standards Board’s International Financial Reporting Standards 9 Impairment Transition Group.

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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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Friday Footnotes: New Managers Share Wisdom; KPMG Praised??; PwC Creeps Leave | 7.22.22

Going Concern

Global Rulemakers Say It’s Time to Fix Goodwill Accounting [ Bloomberg Tax ] The International Accounting Standards Board said Thursday that it would decide whether to change the rules covering acquisition accounting at its next meeting.

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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.