Thursday 15 November 2018

Industry Updates - June 2017

 A NEW PROJECT RECENTLY ADDED TO THE IASB'S WOR PLAN

"The sharp eyed amongst you may have spotted a new project recently added to the IASBs work plan - 'IAS 8 accounting policy changes resulting from agenda decisions'."  IFRS expert Ian Charles discussed these policy changes in his latest blog post.  Click here to find out more .

 

IS AUDIT READY FOR BLOCKCHAIN?

The audit profession is eyeing blockchain.  With capital markets and investors constantly demanding more information about businesses, it's no surprise that the audit profession is looking at blockchain with interest.  It could fundamentally change the nature of auditing by revolutionising supply chains, payments and revenue streams through the way it documents and reconciles complex and disparate information from multiple sources.   Click here to find out more .

 

IFRS FOUNDATION RELEASES IFRS TAXONOMY FORMULA 2017

The IFRS Taxonomy  Formula Linkbase 2017  is now available to download.  The current version of the Formula Linkbase is an updated version of the IFRS Taxonomy  Formula Linkbase 2016 Click here to find out more .

 

STRONG RESULTS ISSUED FOR JUNE 2017 ACCA EXAM SITTING

ACCA (Association of Chartered Certified Accountants) announces pass rates for the June 2017 exam sitting.  Increased uptake of tuition and learning support is attributed to the improving exam success at both P1 Governance, Risk and Ethics and P3 Business Analysis results, which is contributing to the continuing positive trend in the number of students completing the examination element of the qualification.   Click here to find out more .

 

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