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High-quality business reporting is at the heart of strong and sustainable organizations, financial markets, and economies. It allows organizations to present a cohesive explanation of their business and helps them engage with internal and external stakeholders, including customers, employees, shareholders, creditors, and regulators, while also promoting better internal decision making. Professional accountants are integral to all phases of organizational reporting. Read More
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Two webinars on the key questions and recommendations from ICAEW’s report, The Future of IFRS; part of ICAEW’s Information for Better Markets thought leadership program.
Endeavors to leave readers better informed and better placed to decide whether International Financial Reporting Standards (IFRS) financial statements are useful to investors and provide benefits to the businesses that prepare them.
This report aims to create a sound foundation for future accounting standards that are principles based, internally consistent and internationally converged.
Identifies the challenges to adopting and implementing International Financial Reporting Standards (IFRSs) and International Standards on Auditing (ISAs) and recommends actions to be taken by all those in the financial reporting supply chain to achieve convergence to international standards.
Recommendations from ICAEW’s Information for Better Markets thought leadership program to help international investors and further drive the development of a global set of accounting standards.
September 17, 2014 - IFRS Foundation
September 16, 2014 - Bangkok Post
September 15, 2014 - Financial Reporting Council
September 12, 2014 - Accounting Today
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