The International Accounting Standards Board (IASB) has opened a consultation on proposed, targeted changes to IAS 28 Investments in associates and joint ventures. The move aims to clarify which ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

The International Accounting Standards Board announced that it has completed its decision-making on two projects — one to improve the financial performance information companies report, and one to ...

The International Accounting Standards Board is finalizing a standard to give investors a clearer picture of utilities' ...

Lawmakers and business leaders have seen a need to harmonize or integrate, the accounting standards of the United States, which operates under Generally Accepted Accounting Principles (GAAP), with ...

With the increasing acceptance of IFRS in the global economy and its possible adoption in the U.S., CPAs are keenly interested in developing a broader understanding of international standards. A major ...

THE CONVERGENCE AGREEMENT BETWEEN FASB and the IASB is significantly affecting U.S. and international financial reporting. THERE IS NO SINGLE PATH TO CONVERGENCE , but an open-minded pursuit of the ...

Applicable standards include generally accepted accounting principles for private companies, International Accounting Standards (IAS 16) and International Financial Reporting Standards. The standard ...