Monday, March 23, 2009

ASBJ and IASB review progress on convergence

The Accounting Standards Board of Japan (ASBJ) and the International Accounting Standards Board (IASB) held their ninth meeting to accelerate convergence of Japanese generally accepted accounting principles (GAAP) and International Financial Reporting Standards (IFRS). (Read the IASB Press Release.)

Tuesday, March 17, 2009

CICA Annual IFRS Conference - Critical Issues in Implementation

The Canadian Institute of Chartered Accountants (CICA) is holding its annual IFRS conference on June 4, 2009 at the Metro Toronto Convention Centre in Toronto, Ontario, Canada. This one-day conference will provide practical guidance on the most critical issues and decisions facing companies that are adopting IFRS. (For more information, visit the CICA website.)

Adopting IFRS in Canada (March 2009)

Canada's Accounting Standards Board (AcSB) has issued a second omnibus Exposure Draft, Adopting IFRS in Canada (March 2009). It will incorporate into the CICA Handbook a number of standards and interpretations issued by the IASB since the 2007 Bound Volume, along with new introductory material. Comments are requested by May 15, 2009.

Tuesday, March 10, 2009

EFRAG Endorsement Status Report - March 2009

The European Financial Reporting Advisory Group (EFRAG) has updated its Endorsement Status Report as at March 6, 2009. The report contains an overview by issued IASB standard and IFRIC interpretation, listing the date of the endorsement and the date the endorsed standard / interpretation was published in the Official Journal of the European Union. The report also provides an overview of standards and interpretations pending endorsement and the dates EFRAG is expected to issue its advice.

IFRS Bound Volume 2009 - now available

International Financial Reporting Standards IFRS 2009 (English) is the only official printed edition of the consolidated text of the IASB's authoritative pronouncements. This edition presents in a single volume the latest version of International Financial Reporting Standards (IFRS), International Accounting Standards (IAS), IFRIC and SIC Interpretations and the supporting documents — illustrative examples, implementation guidance, bases for conclusions and dissenting opinions — as issued by the IASB at January 1, 2009.