International Accounting Standards Board (IASB)

IFRS Trustees Reappoint Two Board Members to New Terms

The Trustees of the IFRS Foundation have reappointed Amaro Gomes (South America) and Pat Finnegan (North America) to serve second five-year terms as members of the IASB. The IFRS is responsible for the governance and oversight of the International Accounting Standards Board (IASB).

Isaac M. O'Bannon

Feb. 25, 2014

IASB Issues Interim Standard on Rate-Regulated Activities

The International Accounting Standards Board (IASB) today issued an interim Standard, IFRS 14 Regulatory Deferral Accounts. The aim of this interim Standard is to enhance the comparability of financial reporting by entities that are engaged in rate-regulated activities.

Jan. 30, 2014