The IASB and FASB have announced plans to hold several public roundtable meetings in May 2011 to discuss the financial asset and financial liability offsetting project.
The New Zealand Accounting Standards Review Board (ASRB) has outlined a new accounting framework for New Zealand consisting of two sets of accounting standards for entities required to prepare general purpose financial reports.
The Accounting Standards Board of Japan (ASBJ) has released its latest summary of standards development and its project plan.
A study by EDHEC Business School for the International Centre for Financial Regulation (ICFR), has highlighted differences in bank reporting under IFRS and under the Basel II regulations which lead to “significant variations” relating to capital adequa…