The new international accounting standard is aimed at more consistent reporting that’s better aligned with how businesses are ...

GAAP reports in detailed, precise formats; IFRS allows flexible, principle-based reporting. GAAP does not permit asset value recovery post-impairment; IFRS allows revaluation. IFRS does not mandate ...

THERE IS A CLEAR TREND toward adopting IFRS as the single body of internationally accepted financial reporting standards. In the next few years, thousands of companies will move to IFRS as a primary ...

NEW YORK--(BUSINESS WIRE)--The American Institute of Certified Public Accountants introduced a new course of study leading to a Certificate of Educational Achievement in International Financial ...

SANTA CRUZ PROVINCE, ARGENTINA - NOVEMBER 26: Glacial melting ice floats in Los Glaciares National Park, part of the Southern Patagonian Ice Field, the third largest ice field in the world, on ...

Financial reporting executives should settle in for a long debate about the wisdom of the United States adopting international accounting rules. The Securities and Exchange Commission’s proposed ...