Investopedia29d
Accounting Principles: What They Are and How GAAP and IFRS Work
While GAAP and IFRS have differences, they share the same core goal that emerged from the 1930s reforms—protecting investors through transparency and consistency. IFRS is principles-based ...
IPE5d
Confusion clouds ISSB’s SASB plan
The project to enhance the SASB Standards was initiated by the ISSB in July 2024 as part of its 2024-2026 work plan. Its ...
The Manila Times on MSN8d
Updating accounting standard for SMEs
THE International Accounting Standards Board (IASB) recently released the third edition of the International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs). The ...
Investopedia14d
IFRS and GAAP Treatment of Unusual or Infrequent Items
Watchara Piriyaputtanapun / Getty Images There are differences between how the U.S. Generally Accepted Accounting Principles (GAAP) and the International Financial Reporting Standards (IFRS ...
Al Bawaba29d
Emirates NBD becomes the first bank in the MENA region to publish an independent ISSB report aligned with IFRS S1 and S2
Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has set a new benchmark by ...