In August, the International Swaps and Derivatives Association said the DRM model “has the potential to make significant ...

The International Financial Reporting Standards Foundation formally launched the International Sustainability Standards Board on Wednesday and announced plans to consolidate the Value Reporting ...

The International Accounting Standards board (IASB or board) has recently released the third edition of its IFRS for SMEs ...

Financial authorities have decided to discontinue the application of the so-called "exceptional accounting" previously ...

The new accounting model would reflect how financial institutions manage interest rate risks in their portfolios.

As the business world becomes closer in its financial and trade ties, many countries are moving towards International Financial Reporting Standards (IFRS), common accounting rules that define how ...

With the emergence of International Financial Reporting Standards (IFRS), most discussion of the proposed convergence of U.S. generally accepted accounting principles, or GAAP, and IFRS standards has ...

IFRS 17 requires insurers to separate groups of contracts into components that reflect expected cash flows, risk adjustment, ...