The Association of Chartered Certified Accountants (ACCA) and the Adam Smith Business School at the University of Glasgow have released a study highlighting the urgent need for consistent accounting ...

IMGCAP(1)]IAS 39, Financial Instruments: Recognition and Measurement, is arguably the most complex of International Financial Reporting Standards. The standard deals principally with accounting for ...

The Financial Accounting Standards Board issued ASU 2020-06, Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity, in August 2020. ASU 2020-06 simplifies an issuer’s ...

The Investment Dealers Association of Canada has issued a notice that aims to provide guidance concerning the application of new accounting standards for financial instruments. The new accounting ...

FASB issued a new standard Wednesday that is designed to simplify financial reporting associated with accounting for convertible instruments and contracts in an entity’s own equity. The board reduced ...

Two of the most common types of debt instruments used in business are promissory notes and bonds. But despite the differences between the two instruments, the fundamental financial accounting concepts ...

FASB on Thursday issued a revised proposal that would provide a comprehensive framework for classifying and measuring financial instruments. The Proposed Accounting Standards Update (ASU), Financial ...

The Accounting Standards Board will announce next week new standards on financial instruments that it says will impact virtually every business entity in Canada. “These standards are a culmination of ...

The CA Institute has come out with an exposure draft for accounting standard on financial instruments (AS 109). This standard has been drafted on the basis of IFRS 9, Financial Instruments applicable ...