The International Accounting Standards Board (IASB) on Thursday proposed changes to its conceptual framework, which provides a foundational underpinning for financial reporting under IFRS. In an ...

The International Accounting Standards Board has published for public comment a discussion paper exploring possible changes to the IASB s Conceptual Framework for Financial Reporting.

The International Accounting Standards Board (IASB) plans to complete a new conceptual framework by September 2015. In addition, the board plans to have its technical program focus on implementation ...

Learn how International Financial Reporting Standards (IFRS) create global accounting consistency, enabling transparent and ...

The IASB has revised portions of its framework; while the FASB has issued ‘Concepts Statement 8’ to replace ‘Concepts Statements 1 and 2’.

2018 is looking to be a busy year as far as financial reporting changes are concerned. There will be two major new standards adopted this year -- one for revenue recognition and another one for ...

GLOBAL accounting standard setter the IASB has been told to reconsider its proposed conceptual framework so that it “properly reflects the importance of stewardship, prudence and reliability”, which ...

GLOBAL STANDARD SETTER the IASB has published a revised draft of the conceptual framework that underpins the way it develops and rewrites accounting standards. The project, which followed a 2011 ...

The International Accounting Standards Board (IASB) and the US-based Financial Accounting Standards Board (FASB) agreed today to re-expose their revis ...

“There was a very positive outcome, with unanimous support for working within the IASB framework and in line with proper due process,” said a spokesman for Charlie McCreevy, EU internal market ...

However, between 2005 and 2010 a document called the IASB Framework reassured investors all entities must apply prudence.

The IASB has also published for public comment a separate exposure draft Updating References to the Conceptual Framework, which proposes that references to the Conceptual Framework are updated in ...