The Financial Accounting Standards Board issued Thursday its long awaited accounting standards update for credit losses, part of the convergence project on financial instruments that it has been ...

The Association of Chartered Certified Accountants (ACCA) and the Adam Smith Business School at the University of Glasgow have released a study highlighting the urgent need for consistent accounting ...

Although FASB and the IASB worked jointly to improve the accounting for financial instruments and to achieve convergence on a single recognition and measurement model, FASB said it decided to make ...

The Investment Dealers Association of Canada has issued a notice that aims to provide guidance concerning the application of new accounting standards for financial instruments. The new accounting ...

Two of the most common types of debt instruments used in business are promissory notes and bonds. But despite the differences between the two instruments, the fundamental financial accounting concepts ...

FASB issued a new standard Wednesday that is designed to simplify financial reporting associated with accounting for convertible instruments and contracts in an entity’s own equity. The board reduced ...

The Accounting Standards Board will announce next week new standards on financial instruments that it says will impact virtually every business entity in Canada. “These standards are a culmination of ...

Following a Private Company Council recommendation, FASB issued a new standard Thursday that simplifies the accounting for certain financial instruments with down round features. Down round features ...

The CA Institute has come out with an exposure draft for accounting standard on financial instruments (AS 109). This standard has been drafted on the basis of IFRS 9, Financial Instruments applicable ...

KARACHI: A new joint study by ACCA (the Association of Chartered Certified Accountants) and the University of Glasgow’s Adam Smith Business School highlight the urgent need for globally consistent ...

The ocean drives economic prosperity and environmental stability for billions of people. Yet it is under threat from overfishing, pollution and climate change. Public financing isn’t enough to respond ...