Archive for May 6th, 2011

6 May 2011: Notes from May IFRS Interpretations Committee meeting

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We have posted notes from the IFRS Interpretations Committee meeting in London on 5-6 May 2011. Topics discussed included accounting for production phase stripping costs in the mining industry and contingent pricing of property, plant and equipment and…

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6 May 2011: GRI starts work on updated sustainability reporting guidelines, issues new proposed sector supplements

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The Global Reporting Initiative (GRI) has announced the commencement of work on the next generation of the guidelines (“G4”) and new proposed supplements for the media and oil and gas sectors.

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6 May 2011: ‘The darkening glass’ – Study on translation questions and IFRSs

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The Institute of Chartered Accountants of Scotland (ICAS) has posted to its website a
study on translation issues in connection with IFRSs. The authors explore the question
whether a truly global accounting system is possible considering the fact t…

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