Accounting and finance organizations for many multinational businesses are currently working to create plans for two separate lease accounting standards: the Financial Accounting Standards Board’s ASC ...

Even though most American CPAs do not prepare or audit IFRS financial statements, many have begun learning the international standards, according to an AICPA survey. Two years ago nearly a third of ...

The International Accounting Standards Board (IASB) has launched a formal post-implementation review of IFRS 16 Leases, inviting stakeholders to share their experiences and insights on whether the ...

Although full adoption of IFRS in the United States continues to face long odds, understanding IFRS remains important for U.S. investors and companies, SEC Chief Accountant Wes Bricker said Monday. At ...

(RTTNews) - Tesco Plc (TSCO.L, TSCDY.PK) issued its 2018/19 full-year financial statements under IFRS 16, the new financial reporting standard. Before exceptional items and amortisation of acquired ...