Companies will need to start tracking both U.S. GAAP and IFRS results on that date, and we believe most companies will need at least two years to prepare their systems. Although there are companies ...
The trustees of the IFRS Foundation have published their own staff’s analysis of the Securities and Exchange Commission’s final staff report on International Financial Reporting Standards in an effort ...
The change to IFRS (International Financial Reporting Standards) from U.S. GAAP (Generally Accepted Accounting Principles) has been looming on the horizon for years, leaving businesses unsure about ...
LONDON--(BUSINESS WIRE)--The impact on shareholders’ equity of transition to the new IFRS 17 accounting standard is considerably more pronounced for life insurers than their non-life counterparts, ...
Underwriters are battling to beat the six months deadline given by the National Insurance Commission (NAICOM) within which they are expected to submit their audited and approved International ...
In line with Section 8 of Federal Inland Revenue Service (FIRS) Establishment Act 2007, FIRS issued a draft circular in October last year to provide direction to stakeholders on the tax implications ...
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