This author has yet to write their bio.Meanwhile lets just say that we are proud Darren Caple contributed a whooping 130 entries.
A podcast has been recorded by Darrel Scott, IASB member, and Andrea Pryde, technical staff, reporting on the discussion at the May 2019 meeting of the Board about IFRS 17 ‘Insurance Contracts’.
The International Standard on Auditing 540 (Revised) Implementation Working Group has developed two flowcharts and a diagram to support the understanding, and effective implementation, of the standard. ISA 540 (Revised) Requirements, explains the flow of the requirements in ISA 540 (Revised); ISA 540 (Revised) – Three Testing Approaches, provides an overview of the requirements [paragraphs…
In a conference call on 23 April 2019, the Due Process Oversight Committee (DPOC) will discuss the comment letter period for proposed targeted amendmentsto IFRS 17 ‘Insurance Contracts’. The staff is seeking the approval of the DPOC for a shortened comment period of 90 days for the forthcoming exposure draft.
We have responded to the IASB’s exposure draft ED/2018/2 ‘Cost of Fulfilling a Contract (Proposed amendments to IAS 37)’ that was published in December 2018.
The IASB has released a podcast reporting on the discussions at two recent meetings on IFRS 17 ‘Insurance Contracts’.
At its meeting currently held in London, the IASB discussed as a whole the amendments to IFRS 17 that the Board has tentatively decided to propose and confirmed that it wishes to proceed with an exposure draft to amend IFRS 17.
At the meeting of the International Forum of Accounting Standard Setters (IFASS) currently held in Buenos Aires, IASB Board member Darrel Scott updated the IFASS members on the status of the project regarding potential amendments to IFRS 17 ‘Insurance Contracts’. In addition, the IASB has made available the papers for discussing the project at the…
The IAASB recently released a suite of proposed international standards on quality management. The proposals change the way professional accountancy firms are expected to manage quality—for audits, reviews, and other assurance and related services engagements. This video explains how the IAASB’s proposed quality management standards are scalable for small- and medium-sized practices.
The Australian Accounting Standards Board (AASB) has published its Research Report No. 9 ‘Perspectives on IAS 36: A case for standard setting activity’.
At its meeting currently held in London, the IASB discussed the last of the 25 concerns regarding the standard that were identified in October 2018 as candidates for potential amendments.