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Showing 11 - 20 of 22 results for "International Financial Reporting Standards"

CBA and APRA discuss IFRS implications

AAP  |  TUESDAY, 16 AUG 2005
... Australia (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 ...

KPMG survey shows IPOs to be number one fundraiser

... This result defied predictions that hybrids would suffer with the introduction of international financial reporting standards. One of the more concerning factors the study highlighted was the amount returned to investors outweighed the capital raised ...

IFRS eliminates need for GAAP reconciliation

... the 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 ...

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 ...

JDV dismisses IWL offer

... certain. The JDV board also harbours concerns over the treatment f goodwill under the new international financial reporting standards believing impairment of intangible assets may further impact the new entity's ability to declare dividends. Prior to ...

APRA communicates its position on IFRS

... two planned discussion paper outlining its stance on the mandatory adoption of the International Financial Reporting Standards (IRFS). The topics covered by the document include fair value measurement; non-accrual loans and deferred acquisition costs ...

Companies on track towards IAS compliance: ASIC

... disclosure under AASB 1047 'Disclosing the Impacts of Adopting Australian equivalents to International Financial Reporting Standards'. While the review stated the that nature and extent of the disclosures varied "the high level of compliance with the ...

Increased need for full-time accounting staff

... efficiencies, the ACT seeking qualified accountants to help with the increased focus on international financial reporting standards, and WA continuing to pursue employees after their strong growth in resources industries. Senior regional director of ...

New challenges keep coming, says ASIC chairman

AAP  |  WEDNESDAY, 29 SEP 2004
... Economic 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 ...

Transition to IFRS will be smooth; APRA

... Accounting 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 ...