Below, IASB Technical Staff members Nick Barlow and Juliane-Rebecca Upmeier introduce IFRS 18 Presentation and Disclosure in Financial Statements, the forthcoming IFRS Accounting Standard, that will set out the overall requirements for presentation and disclosures in the financial statements. This new Standard responds to investors’ demand for better information about companies’ financial performance. It will affect […]
Segment Examines the Implications of Money Laundering on Tax Advice Feb 22, 2021 | New York, NY | English Together with ICAEW, The International Federation of Accountants (IFAC) today released the fifth installment in its Anti-Money Laundering: The Basics educational series: Installment 5: Tax Advice. The publication is part of a 6-month short series helping accountants enhance their understanding […]
The International Auditing and Assurance Standards Board (IAASB) is an independent standard-setting body that serves the public interest by setting high-quality international standards for auditing, quality control, review, other assurance, and related services, and by facilitating the convergence of international and national standards.
Committee publishes agenda decisions when, following consultation, it has decided that standard-setting is not required to deal with a question from stakeholders.
The EU’s ‘Economic and Financial Affairs Council’ has agreed a set of adjustments (known as ‘quick-fixes’) to the EU’s VAT rules, applicable from 1 January 2020.
The agenda and papers are available from the ASAF April 2019 meeting page. The meeting will be webcast live and will be made available on the same page shortly after the meeting finishes.
IFRS 16 Leases is now effective for annual reporting periods starting on or after 1 January 2019. It replaces IAS 17 Leases and related Interpretations.
The Foreign Account Tax Compliance Act (FATCA) is an important development in U.S. efforts to combat tax evasion by U.S. persons holding accounts and other financial assets offshore.
