World Accounting Report

Sir Donald Brydon’s report,1 Assess, Assure and Inform, contains no fewer than 64 different recommendations that, if implemented, would have a profound effect on the way that audit operates in the UK, and given the global nature of the firms and..

World Accounting Report is sometimes referred to by an acronym, WAR. If there is one issue against which every country in the world is currently waging war, it is “the virus” – coronavirus, or Covid-19. Although the virus is itself a medical issue,..

The IASB’s recent Exposure Draft (ED), General Presentation and Disclosures, contains far-reaching proposals to reform the presentation of income statements through the introduction of new sub-totals, so that previously undefined and optional terms,..

FASB

IASB