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Professor Main

Welcome

Welcome to the AccountingEducation.com community.

Our online community became 14 years old on 1 April. No, not an April fool, we really have been doing it this long and our newswire - Double Entries - was going for some years before this and is now in its 20th volume.

If you are new to the site - please feel free to use the contents of the site as you need. To make full use of this site you should register as a user as some content is only available to you once you have signed up. Click on the register option above - it only takes 2 minutes and there is no charge to join. Why not sign up for our free bi-weekly newswire at the same time?

We welcome participation and suggestions - contact us at info@accountingeducation.com with any ideas for development you may have.

 


Latest News

FRC Logo FRC CONSULTS ON AMENDMENTS TO FRS101
15 December 2014

The Financial Reporting Council (FRC) has issued proposals to make financial reporting for entities within groups more streamlined and efficient. In its consultation the FRC proposes a small number of modest additional disclosure exemptions to FRS 101 which have arisen in the last year.


IAESB logo KEITH BOWMAN NAMED IAESB CONSULTATIVE ADVISORY GROUP CHAIR
14 December 2014

Keith B. Bowman has been appointed Chair of the Consultative Advisory Group (CAG) to the International Accounting Education Standards Board™ (IAESB™), effective January 1, 2015. Mr. Bowman’s appointment, which has been approved by the Public Interest Oversight Board (PIOB), follows his election by members of the IAESB CAG.


PAYING TAXES GLOBALLY - 2015 PwC AND WORLD BANK REPORT IS RELEASED
14 December 2014

Paying Taxes is a unique study from PwC, the World Bank and the International Financial Corporation (IFC). It compares tax regimes across 189 economies around the world, ranking them according to the relative ease of paying taxes.


FRC URGES CLARITY IN THE REPORTING OF COMPLEX SUPPLIER ARRANGEMENTS
14 December 2014

The Financial Reporting Council (FRC) has called on Boards of retailers, suppliers and other businesses to provide investors with sufficient information on their accounting policies, judgements and estimates arising from their complex supplier arrangements. Investors need to receive enough clear and relevant information to be able to evaluate the company’s performance and financial position where such amounts are, or could become, material.


FSI NEEDS EFFICIENT BLENDING OF RECOMMENDATIONS WITH CURRENT REVIEWS TO SUCCEED SAY CHARTERED ACCOUNTANTS ANZ
14 December 2014

Chartered Accountants ANZ Chief Executive Officer, Lee White has cautioned that action on the recommendations of the Financial System Inquiry must not be done in isolation if they are to set up a resilient financial system. Mr White said that it is clear that the inquiry and the committee listened to the business community and identified essential public interest needs.


IESBA LAUNCHES NEW WEB-BASED VERSION OF THE CODE OF ETHICS FOR PROFESSIONAL ACCOUNTANTS
14 December 2014

Now there are more ways to access the Code of Ethics for Professional Accountants™ (the Code) developed by the International Ethics Standards Board for Accountants® (IESBA®, the Ethics Board). The newly released, web-based 2014 Code is designed to provide enhanced access and greater ease of use and navigation.


IFAC STATEMENT OF MEMBERSHIP OBLIGATIONS PUBLISHED IN SPANISH
14 December 2014

The International Federation of Accountants® (IFAC®) has published its Statements of Membership Obligations (SMOs) 1-7 (Revised) in the Spanish language. The Revised SMOs are the first Spanish-language publication to result from IFAC’s Ibero-American cooperation framework, known as the IberAm project. Established in 2012, the IberAm project is an IFAC-authorized translation and review process that strives to achieve longer-term, sustainable processes for single Spanish translations of international standards and other IFAC publications.


EXTERNAL REVIEW COMMENCED BY IVSC
14 December 2014

The International Valuation Standards Council (IVSC) Trustees have commissioned an assessment of current processes, structures and resources to ensure the organisation is positioned to fulfil its mission of generating high quality valuation standards that serve the public interest. The review has been initiated as a matter of good governance to ensure the IVSC, six years on from its restructure in 2008, is equipped for the next phase of its development.


RELEASE OF THE MURRAY FINANCIAL SYSTEM INQUIRY REPORT
14 December 2014

The Financial System Inquiry report has been released that proposes a blueprint for the Australian financial system over the next decade.


RONALD ARCULLI AND HARVEY GOLDSCHMID APPOINTED AS VICE-CHAIRS OF THE TRUSTEES OF THE IFRS FOUNDATION
14 December 2014

The Trustees of the IFRS Foundation, responsible for the governance and oversight of the International Accounting Standards Board (IASB), have announced that the Monitoring Board has confirmed the appointments of Ronald Arculli and Harvey Goldschmid to serve as Vice-Chairs of the Trustees.


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Book of the Week

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Kasaoka cover The Effect of Defined Benefit Liability on Firms’ Valuations in Japan
by Eriko Kasaoka, Kwansei Gakuin University
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Latest event

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BAFA logo BAFA Accounting Education Special Interest Group Annual Conference 2015
06 May 2015 - 08 May 2015 ( 3 days )
British Accounting and Finance Association Accounting Education Special Interest Group (AE SIG) Annual Conference Manchester Metropolitan University, Manchester, UK 6th – 8th May 2015 We would like to invite experienced researchers, early stage researchers and academics with an interest in pedagogical issues in accounting to join us for the 2015 conference....
Event added 15/12/14
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Latest Link

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IASB logo IFRS Research Centre
03 May 2014
The IFRS Research Centre is an initiative of the IASB that is designed to support the establishment of a dedicated research capability that will draw upon a combination of internal and external intellectual resources, including the engagement of the academic community.
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