World Accounting Report

The Board meeting in June was somewhat fragmented, perhaps attributable to the constraints imposed by meeting online rather than in person as normal, but nevertheless, the Board made good progress on its proposals for relief on Inter-Bank Offered..

This month marked the end of an era for the FASB and the IASB. Russell Golden finished his seven year office as the chairman of the FASB; prior to becoming chairman he had been a member of the Board for three years. His knowledge and experience will..

The IASB published its Discussion Paper, Business Combinations—Disclosures, Goodwill and Impairment,1 in March 2020. The aim of the paper is to improve the quality of information provided to investors about business acquisitions, so that they can..

The European Commission has stated that a priority for recovery from Covid-19 will be to move towards a greener economy. However, this is not an entirely new initiative, as environmental concerns have been coming increasingly to the fore in recent..

The Cambridge English dictionary defines the word “sustainability” as the quality of being able to continue over a period of time. The concept seems simple, but the way to achieve it is not.Moreover, the word “sustainable” can mean different things..

During 2018 and 2019, there have been a series of initiatives sponsored by the UK Government which have led to proposals for the reform of the UK regulator, the Financial Reporting Council (FRC), and which will potentially lead to fundamental..