On May 17, 2024, the Director of the Division of Corporation Finance of the Securities and Exchange Commission, Erik Gerding, and the Chief Accountant, Paul Munter, issued a statement regarding ...

Transition to IFRS establishes internationally comparable reporting framework; balance sheet strengthened through loan-to-equity conversion; operations remain in planned investment and scaling phase.

IFRS 20 will help users understand how these timing differences affect the financial statements. It will improve ...

Emst& Young's IFRS website contains a wealth of free resources on current IFRS topics, available to both EY's clients and the general public. The website provides background information and practical ...

Accounting professionals are accustomed to complying with accounting standards. Generally accepted accounting standards set the guidelines for reporting financial transactions in the United States.

On 20 April 2026, UAB “Kvartalas“ (hereinafter – the Company) has published audited financial statements for the year ended ...

The International Financial Reporting Standards Foundation has published a set of near-final examples showing how companies can improve the reporting of uncertainties in their financial statements ...

One of the drawbacks of having International Financial Reporting Standards could be that they might mean different things in different languages. Processing Content That’s one of the findings of a new ...

International Financial Reporting Standards (IFRS) are destined to be the lingua franca of the international accounting world. Approximately 100 countries already require, allow or are in the process ...