The International Sustainability Standards Board (ISSB), established by the IFRS Foundation (IFRS), issued a comprehensive global baseline of disclosure standards to facilitate consistent and ...
GAAP reports in detailed, precise formats; IFRS allows flexible, principle-based reporting. GAAP does not permit asset value recovery post-impairment; IFRS allows revaluation. IFRS does not mandate ...
The insurance industry has undergone and continues to undergo a major transformation with the implementation of IFRS 17, the global standard for insurance contracts accounting. This blog breaks down ...
The IFRS Foundation has signed a memorandum of understanding with the World Bank to help developing countries use International Financial Reporting Standards. The two organizations, which have ...
2022 NOV 30 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News-- Fresh data on risk management are presented in a new report. According to news originating from Budapest, Hungary ...
A quiet but significant shift has been taking place in the world of recruitment agencies. As these firms scale, more of them are being drawn into the orbit of IFRS 16, the international accounting ...
Dubai, UAE: EY Academy has announced the launch of its Corporate Reporting Insights Roadshow 2025, a major series of events ...
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best is requesting comments from market participants in the insurance industry and other interested parties on the application of Best’s Credit Rating Methodology ...
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has published its response to comments received from market participants in the insurance industry and other interested parties on the application of Best’s ...