- The FASB & IASB have several topics on their convergence Agenda including:
- Financial Statement Presentation (Performance Reporting)
- IFRS 2 Share-based Payment Amendment – group cash-settled share-based payment transactions Impairment
- Income Taxes – Reconsideration of IAS 12
- Insurance Contracts – Phase II (Comprehensive Project)
- Joint Ventures – Reconsideration of IAS 31 Leases
- Liabilities (was part of Business Combinations – Phase II)
- Post-employment Benefits including Pensions
- Rate-regulated Activities
- Related Party Disclosures
- Revenue Recognition
- (IFRS for) Small and Medium-sized Entities (also referred to as Private Entities and Non-publicly Accountable Entities)
- Intangible Assets Extractive Activities IFRS XBRL Taxonomy
- Conceptual Framework Project Update
- Business Combinations Project Update
- Financial Statement Presentation
- Revenue Recognition Project Update
Tuesday, May 19, 2009
You Business Impact Assessement
At the IFRS USA blog, they suggest conducting a impact assessement. How will your financial statements be affected by the new accounting system. The IFRS USA blog provided a list:
Labels:
FASB,
IASB,
IFRS USA,
Impact Assesment,
Income taxes,
Insurance contracts,
Joint Ventures
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment