MUST READ! AcSB Initiative – IFRSs: Striving for Uniform Adoption Dates
Not having uniform adoption for IFRSs undermines the goal – consistent standards in different jurisdictions. This can also put countries at different vantage points. Read about what the AcSB is doing to achieve uniform adoption dates.
You can participate in IDG meetings, too! Click on the link to find out what’s up for discussion and how you can get involved.
AcSB Draft IFRIC Interpretation – Uncertainty over Income Tax Treatments
The AcSB has issued a Draft Interpretation that corresponds to the proposed IFRIC Interpretation issued by the IASB’s IFRS Interpretations Committee on this topic. Stakeholders are encouraged to submit their comments, on the form provided, by January 19, 2016.