The Nassau Conference 2024 of AIBT will be held on 18th September, 2024 under the theme “A Masterclass in Growth & Innovation” at the Baha Mar Convention Centre, and the half-day, pre-conference Financial Services Bootcamp is set for 17th September, 2024. Since its founding in 2005, The Nassau Conference has established itself as the premier […]

In this episode of the IASB podcast, IASB Vice-Chair Linda Mezon-Hutter and IASB Member Tadeu Cendon join IASB Executive Technical Director Nili Shah to discuss highlights from the IASB meeting held on 22-24 July. The following projects are featured: Post-implementation Review of IFRS 15 Revenue from Contracts with Customers (00:43); Rate-regulated Activities project (5:36); and Second Comprehensive Review of the IFRS […]

The International Accounting Standards Board (IASB) today published a consultation document, proposing eight examples to illustrate how companies apply IFRS Accounting Standards when reporting the effects of climate-related and other uncertainties in their financial statements. The IASB developed these illustrative examples in response to strong demand from stakeholders, particularly from investors. They expressed concerns that […]

The International Accounting Standards Board (IASB) has today published proposals in an Exposure Draft to address accounting issues that affect companies that translate financial information from a non-hyperinflationary currency to a hyperinflationary currency. These proposals, which are narrow-scope amendments to IAS 21 The Effects of Changes in Foreign Exchange Rates, introduce translation requirements for these […]

The IFRS for SMEs Accounting Standard Update is a staff summary of news, events and other information about the IFRS for SMEs® Accounting Standard and related SME activities. The staff summary has not been reviewed by the International Accounting Standards Board (IASB). This edition of the IFRS for SMEs Accounting Standard Update includes: a reminder to get involved in the consultation on the […]

To enhance the quality, efficiency and effectiveness of audits, we’re focusing on technology to help you. See the benefit of Using Technology in Financial Statement Audits. The practice aid shows how you can use technology in financial statement audits and illustrates automated tools and techniques using the example of performing risk assessment procedures under SAS No. […]

Small- and medium-sized enterprises (SMEs) play a critical role in global economies—so they are central to the global transformation to sustainable business practices. Irrespective of jurisdiction, small- and medium-sized practices (SMPs) continue to be the preferred advisors to SMEs. They are ideally placed to help SMEs maximize the benefits of incorporating sustainability into their strategy […]

“The International Accounting Standards Board (IASB) today has published an Exposure Draft proposing narrow-scope amendments to ensure that financial statements more faithfully reflect the effects that renewable electricity contracts have on a company. The proposals amend IFRS 9 Financial Instruments and IFRS 7 Financial Instruments: Disclosures. The IASB’s swift action responds to the rapidly growing global market for these contracts.

Prime Minister and Minister of Finance Hon. Philip Davis delivered the Annual Budget Communication in Parliament on Wednesday…