Accounting professionals are accustomed to complying with accounting standards. Generally accepted accounting standards set the guidelines for reporting financial transactions in the United States.

Explore the major differences between IFRS and U.S. GAAP, including inventory write-downs, intangible assets, and accounting rules, to better understand international reporting standards.

VANCOUVER, BRITISH COLUMBIA and OTTAWA, ONTARIO--(Marketwired - Oct 3, 2013) - A new report by the Certified General Accountants Association of Canada (CGA-Canada) reveals that the adoption of ...

THERE IS A CLEAR TREND toward adopting IFRS as the single body of internationally accepted financial reporting standards. In the next few years, thousands of companies will move to IFRS as a primary ...

KBC discloses the impact of IFRS 17 on the income statement with restated comparative results, key ratios and short-term and long-term financial guidance As a consequence of the IFRS 17 implementation ...

Learn about consolidated financial statements, the criteria for aggregation, reporting guidelines, and practical examples for parent companies with subsidiaries.

The International Accounting Standards Board (IASB) issued IFRS 18: Presentation and Disclosure in Financial Statements in April 2024, marking the most ...

Issued: 01 March 2005Released: 01 March 2005Contact: See below Serco Group plc Update on Transition to IFRS Serco Group plc ("Serco" or "the Group") today releases the following update onits ...

Carr's Milling Industries PLC26 April 2006 CARR'S MILLING INDUSTRIES PLC RESTATEMENT OF FINANCIAL INFORMATION UNDER IFRS Following regulations passed by the European Parliament in July 2002, ...