IFRS News

Are You Ready For IFRS 9?

August 25, 2010 · Leave a Comment 

With the move from IAS 39, Financial Instruments: Recognition and Measurement, to IFRS 9 on a fast track, the industry is buzzing with discussions about readiness. Is your organization IFRS 9 ready?  Are you? As part of their expansive IFRS and financial instrument training curriculum, IASeminars has recently announced a new one-day course, available Q4 2010: New York – November 18 Miami – December 15 Zurich – December 16 IASeminars international experts will guide you through IFRS 9 and illustrate the critical aspects of its application. The program will cover all of the outstanding... [Read the full story]

Authors

Vicky Cole

March 4, 2010 · Comments Off 

Vicky Cole is a Doctoral Researcher in Accounting at Solvay Business School of the Vrije Universiteit Brussel, Belgium. She is currently preparing her PhD thesis on comparability of IFRS within the European Union. Her main research interests are in the areas of the international financial reporting standards and financial statement analysis.  Read More →

Terms

Common Accounting Acronyms

March 4, 2009 · Comments Off 

There are literally thousands of complex acronyms, terms and expressions in the fields of finance and accounting.  The below list is by no means exhaustive, but should serve as a convenient reference for many of the most common accounting acronyms encountered on a daily basis.  If you have any recommended additions or changes, please feel free to comment (or email us). Accounting Acronyms A/E – Accrued Expenses A/P – Accounts Payable A/R – Accounts Receivable AAA – Accumulated Adjustments Account AAA – American Accounting Association AAA – Association of Accounting... [Read the full story]

IFRS Courses

Are You Ready For IFRS 9?

August 25, 2010 · Leave a Comment 

With the move from IAS 39, Financial Instruments: Recognition and Measurement, to IFRS 9 on a fast track, the industry is buzzing with discussions about readiness. Is your organization IFRS 9 ready?  Are you? As part of their expansive IFRS and financial instrument training curriculum, IASeminars has recently announced a new one-day course, available Q4 2010: New York – November 18 Miami – December 15 Zurich – December 16 IASeminars international experts will guide you through IFRS 9 and illustrate the critical aspects of its application. The program will cover all of the outstanding... [Read the full story]

Promotions

IFRS Passport

March 4, 2010 · Comments Off 

IASeminars has recently launched the IFRS Passport (IFRS Learning Passport is the official product name), which enables students to take virtually an unlimited number of training courses world-wide at one fixed price. Although $6,995 may sound like a large sum to invest in training, in reality this represents a significant savings, given typical training scenarios. Often times someone will want an introductory course to develop a firm foundation on the basics, and perhaps frame it around something familiar (US GAAP).  After reflecting on the amount of knowledge gained through a fundamentals course,... [Read the full story]

Featured Articles

The Illusion of Comparable Financial Statements

March 4, 2010 · Comments Off 

The Illusion of Comparable Financial Statements by Vicky Cole, March 2010 For many years now, the harmonisation of accounting standards has been the goal of national and international accounting standard setters. Since 1973, the goal of the International Accounting Standards Board (IASB), for example, is to develop a single set of high quality, understandable and enforceable international financial reporting standards (IFRSs). In 2005, the IASB had a major breakthrough when the European Union made the IFRS mandatory for the consolidated financial statements of most European listed, or publicly... [Read the full story]

Featured Articles

The Illusion of Comparable Financial Statements

The Illusion of Comparable Financial Statements by Vicky Cole, March 2010 For many years now, the harmonisation of accounting standards has been the goal of national and international accounting standard setters. Since 1973, the goal of the International Accounting Standards Board (IASB), for example, is to develop...

[Continue reading: The Illusion of Comparable Financial Statements]

Impairment

Impairment by Steven E. Shamrock, CPA, MBA, CMA “All that glitters is not gold,” uttered The Prince of Morocco as he read the message revealed when he lifted the lid of a gold casket, as required of him to win the hand of a princess. The message was a lesson taught from beyond the grave by the father of the princess...

[Continue reading: Impairment]
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