An Overview of International Financial Reporting Standards, Deloitte resource Tools / Templates OCEG Reviewed
International Accounting Standards (IASs) were issued by the IASC from 1973 to 2000. The IASB replaced the IASC in 2001. Since then, the IASB has amended some IASs and has proposed to amend others, has replaced some IASs with new International Financial Reporting Standards (IFRSs), and has adopted or proposed certain new IFRSs on topics for which there was no previous IAS.
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Focus on Financial Statement Fraud: Lessons and Insights resource OCEG Reviewed
China's New Accounting Standards: A comparison with current PRC GAAP and IFRS (Deloitte, 2006) resource White Papers OCEG Reviewed
The development of new Chinese accounting standards is an important step for the development of the Chinese economy and its place in the world’s increasingly integrated capital markets.
SEC, Work Plan for the Consideration of Incorporating International Financial Reporting Standards into the Financial Reporting System for U.S. Issuers: Exploring a Possible Method of Incorporation (May 2011) resource White Papers OCEG Reviewed
A Staff Paper from the Office of the Chief Accountant at the SEC (May 26, 2011).
FASB and IASB Issue Discussion Paper on Financial Statement Presentation (2008) resource Articles OCEG Reviewed
In a first step toward the creation of a new standard, the FASB and IASB have issued a Discussion Paper on financial statement presentation. The new standard would require an entity to present a single set of financial statements that more clearly and cohesively depicts its financial picture. The boards believe that a single financial statement presentation model would enhance the usefulness of financial information by increasing financial statement comparability and consistency within and across entities.
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SEC, Regulation S-X, Title 17 CFR Part 210 resource National Regulations Member contributionOCEG Reviewed
The form and content of and requirements for financial statements included in filings with the SEC are set forth in Regulation S-X (17 CFR 210). Regulation S-X rules, in general, are consistent with generally accepted accounting principles (GAAP) but contain certain additional disclosure items not provided for by GAAP.
Regulation S-X is organized into thirteen articles that are further divided into Rules.
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EU, Opinion 1/2006 on the application of EU data protection rules to internal whistleblowing schemes in the fields of accounting, internal accounting controls, auditing matters, fight against bribery, banking and financial crime resource International Materials OCEG Reviewed
This opinion provides guidance on how internal whistleblowing schemes can be implemented in compliance with the EU data protection rules enshrined in Directive 95/46/EC.
The number of issues raised by the implementation of whistleblowing schemes in Europe in 2005, including data protection issues, has shown that the development of this practice in all EU countries can face substantial difficulties. These difficulties are largely owed to cultural differences, which themselves stem from social and/or historical reasons that can neither be denied nor ignored.
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International Accounting Standards Board Framework resource International Materials OCEG Reviewed
The Framework deals with:
(a) the objective of financial statements;
(b) the qualitative characteristics that determine the usefulness of information in financial statements;
(c) the definition, recognition and measurement of the elements from which financial statements are constructed; and
(d) concepts of capital and capital maintenance.
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AICPA, Recently Issued Technical Questions and Answers resource Organizations & Associations OCEG Reviewed
The questions and answers in this section are not sources of established authoritative principles. This material is based on selected practice matters identified by the staff of the AICPA's Technical Hotline and various other bodies within the AICPA.
CICA's IFRS Transition Resources resource Organizations & Associations
About CICA: The Canadian Institute of Chartered Accountants (CICA) conducts research into current business issues and supports the setting of accounting, auditing and assurance standards for business, not-for-profit organizations and government.
