JournalofAccountancy

IFRS for SMEs: The Next Standard for U.S. Private Companies?

In July 2009, the International Accounting Standards Board (IASB) released International Financial Reporting Standards designed for use by small and medium-sized entities (SMEs). IFRS for SMEs is a ...
The Nation Newspaper

Experts list hurdles to IFRS implementation

Income taxes, employee benefits, business combinations and share-based payments pose challenges for banks in the implementation of International Financial Reporting Standards (IFRS), The Nation has ...
Bizcommunity

3rd edition of the IFRS for SMEs Accounting Standard

This article explains the approach taken by the IASB and reflects on the alignment approach adopted by the board. This article will be followed with two more articles in the same series on the third ...
JournalofAccountancy

IFRS 18: A fundamental redesign of financial statement presentation

Over the years, companies have relied on alternative performance measures (APMs) such as “adjusted earnings” or “underlying profit” to provide investors additional financial information beyond IFRS or ...