Financial Accounting Standards Advisory Council Meeting Recap
The FASB chair provided highlights on FASB activities, and the SEC and PCAOB staff members commented on current issues and activities.
financial standards
GASB Requests Input on Proposal to Improve Guidance on Compensated Absences, Amend Certain Disclosures
The proposed Statement would supersede the guidance issued by the GASB in Statement No. 16, Accounting for Compensated Absences, which was issued in 1992. The proposal is in keeping with the Board’s commitment to periodically reexamine its standards to...
IFRS Taxonomy Guide for Companies Now Available
The IFRS Taxonomy facilitates the digital creation and consumption of financial information. It improves investors’ access to financial information by listing and defining specific codes, or elements, that can be used to tag items of data.
Thomson Reuters Launches Solution for Common Reporting Standard for Automatic Exchange of Information
Thomson Reuters has launched the new Thomson Reuters ONESOURCE AEOI, an enhanced solution designed to help financial institutions manage the significant regulatory compliance burden of the common reporting standard (CRS) for the automatic exchange ...