Archive for January 16th, 2014

FASB issues guidance on goodwill and interest rate swaps for private companies

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The FASB has issued Accounting Standards Updates (ASU) No. 2014-02, “Accounting for Goodwill,” and ASU 2014-03, “Accounting for Certain Receive-Variable, Pay-Fixed Interest Rate Swaps—Simplified Hedge Accounting Approach,” which provide alter…

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iGAAP 2014 — A guide to IFRS reporting

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The latest edition in Deloitte’s iGAAP series has been released. ‘iGAAP 2014 — A guide to IFRS reporting’ sets out comprehensive guidance for entities reporting under IFRS by (1) focusing on the practical issues faced by reporting entities; (2) expla…

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News story: PM phone call with Barack Obama

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Prime Minister David Cameron spoke with the United States President about Syria, Afghanistan, Northern Ireland and a US review of intelligence programmes.

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FASB issues guidance on qualified affordable housing

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Yesterday, the US Financial Accounting Standards Board (FASB) issued FASB Accounting Standards Update (ASU) No. 2014-01, "Accounting for Investments in Qualified Affordable Housing Projects".

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Press release: FCO Minister condemns firing of rockets into Israel

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FCO Minister condemns firing of rockets into Israel and highlights need for all parties to respect ceasefire agreement.

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