Industry Updates - May 2017

 INVOLVEMENT OR INVESTMENT IN A CONTROLLED ENTITY: VERY DIFFERENT OUTCOMES

IFRS Expert Ian Charles discusses the deep implications of the uses of the words "involvement" and "investment" within IFRS 10 Consolidated Financial Statements.  Click here to find out more .

 

CONCERNING LACK OF PREPAREDNESS ACROSS GLOBAL FINANCIAL SERVICES

Uncertainty surrounding the outcome of Brexit negotiations are hindering global financial services' ability to prepare, despite a substantial number identifying the process as a risk to their business, according to new research released by the ACCA (the Association of Chartered Certified Accountants).   Click here to find out more .

 

WORLD BANK TIES UP WITH FOUNDATION TO PROMOTE IFRS

The IFRS Foundation and the World Bank have signed an agreement with the aim of alleviating poverty in the world's developing economies.  The two organisations are to provide support to encourage greater use of International Financial Reporting Standards in the countries to improve their transparency, accountability and efficiency.   Click here to find out more .

 

AAT APPOINTS NEW PRESIDENT

AAT (Association of Accounting Technicians) has appointed Nicky Fisher as its new President with a term that began on 19 May.   Click here to find out more .

 

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