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Showing 11 - 20 of 21 results for "IFRS"

Companies make smooth IFRS transition: ASIC

Australian companies have made a smooth transition to the Australian equivalent to IFRS, according to an ASIC review into the implementation of the new reporting standards. Jeffrey Lucy, chairman of ASIC, released ASIC's findings. "Transition to AIFRS ...

IFSA CEO pushes for IFRS changes

... played an important role in paving the way for potential changes to the new International Financial Reporting Standards (IFRS), reported in the Financial Standard yesterday. The Financial Standard reported on plans to re-open the debate over how assets ...

Door opens on IFRS - or is it the floodgates?

WWW.THESHEET.COM  |  MONDAY, 16 JAN 2006
The International Accounting Standards Board has bowed to criticism of the new International Financial Reporting Standards and agreed to re-open a debate on some of the basics of financial reporting, according to the UK Financial Times. Tom Jones, vice-chairman ...

CBA and APRA discuss IFRS implications

AAP  |  TUESDAY, 16 AUG 2005
... (CBA) is in talks with the financial services regulator over the impact of new international financial reporting standards (IFRS) on its accounts. The bank is talking to the Australian Prudential Regulation Authority (APRA) about the IFRS approach to ...

IFRS eliminates need for GAAP reconciliation

... US Generally Accepted Accounting Principals (GAAP) if the foreign entity uses International Financial Reporting Standards (IFRS) to prepare its accounts. The move comes after discussions between the SEC, and the European Union Commission regarding financial ...

ASIC clarifies position on disclosing impact of IFRS

... reports, for the year ended 30 June 2005, about the impact of the implementation of International Financial Reporting Standards (IFRS). Under Australian Accounting Standard AASB 1047 Disclosing the Impacts of Adopting Australian Equivalents to International ...

APRA communicates its position on IFRS

... superannuation plans. APRA chair Dr John Laker says the regulator's framework will for the most part fall into line with the new IFRS. "In certain circumstances, however, APRA's prudential framework will depart from accounting standards where that is ...

New challenges keep coming, says ASIC chairman

AAP  |  WEDNESDAY, 29 SEP 2004
... Reform Program (CLERP 9) on 1 July 2004 together with the introduction of the International Financial Reporting Standards (IFRS) on 1 January 2005. The new changes "have meant that it is imperative for ASIC to retain an acute sense of particular risks ...

Transition to IFRS will be smooth; APRA

... Standards Board earlier in the month confirmed an Australian equivalence of the International Financial Reporting Standards (IFRS), which will apply to authorised deposit-taking institutions, life and general insurance companies. But APRA said it would ...

CPA Australia launches nationwide business briefings

... to learn the latest developments arising from HIH, CLERP 9, ASX Corporate Governance Council's guidelines, and achieving IFRS compliance by 2005, through a series of CPA Australia business briefings to be launched by Western Australia Democrats Senator ...