It seems that for years now everybody has been bracing and preparing for the inevitable regarding lease reform. However, changes to how companies account
According to a Reuters news release, the United States may have to give up its seat on the IASB Monitoring Board, a top global accounting body, if it continues
International Accounting Standards Board (IASB) Chairman Hans Hoogervorst recently commented that he expects the SEC to adopt IFRS for U.S. issuers. This
In response to the SEC’s Work Plan for the Consideration of Incorporating International Financial Reporting Standards into the Financial Reporting System for U.S. Issuers, the AICPA has recommended that public companies be allowed to adopt IFRS.
