Japan's Big Accounting Move - istockanalysts.com, 12/13/09
During the week of December 7, 2009, Japan's Financial Services Agency (FSA) announced that it is moving to the formal adoption of International Accounting Standard (IAS) reporting by 2015. Up until now, the FSA has allowed Japanese companies to file consolidated statements using U.S. GAAP, but in 2015 this may end. The agency will make a final determination about whether to make IAS reporting mandatory in 2012.
IFRS 9 - New IFRS Standard - Dow Jones Newswires, 11/12/09
First Phase of Financial Instruments Reform Completed - from www.iasb.org, 11/12/09
Revised Version of IAS 4 - Related Party Disclosures - from www.iasb.org, 11/04/09
IASB Chairman - Little Difference Between U.S. GAAP and IFRS by 2015 - from CFO.com, 10/8/09
Accounting Leaders Recommend IFRS Field-Test - from journalofaccountancy.com, 10/06/09
Deloitte Survey - U.S. CFO's Want IFRS Approved - from PRNewswire, 10/06/09
Are Small Businesses Ready for IFRS? - from CFO.com, 10/06/09
CPA Transformation - from journalofaccountancy.com, 9/30/09
>The 2011 CPA exam will address IFRS for the first time.
KPMG Faculty Survey of IFRS Impact on Students and Economy - from SmartPros.com, 9/27/09
>Half of the 500 instructors who responded to an American Accounting Association survey believe the United States should transition to IFRS to remain competitive.
SEC Expected to Focus on IFRS Roadmap - from WebCPA.com, 9/23/09
Accountants Uncertain over IFRS Roadmap - editorial by Michael Cohn, Editor-in-Chief of WebCPA
CFO's divided over need for IFRS - from AccountingWeb
U.S. "Will Be the Outlier" Without IFRS - from CFO.com
Global Accounting Convergence Plan Seen on Track - from Reuters UK
CFO's on IFRS: Forget About It! - from CFO Magazine
MapQuest: Comments on IFRS Roadmap - from accountingweb blog
Shell, BP, and the Increasing Cost of Inventory - from FT.com
> Issue of LIFO vs. FIFO vs. weighted cost & IFRS vs. US GAAP
US should adopt IFRS Quickly, According to ICAEW - from accountingweb.UK
> Opinions from around the UK on the US move to IFRS.
FASB relaxes accounting rules for banks on assets - from the AP
> It will be interesting to see if the IASB follows the FASB's lead on Fair Value of Financial Instruments.
FASB Warily Welcomes SEC's IFRS Roadmap - from Accountancy Age
FASB's Response to the SEC Roadmap - Full Text (134 Page PDF File) - a direct link to the FASB's response
Accounting: A Narrative Art - from CFO.com
SEC Pushes Back SEC Roadmap - from CFO.com
New Board will Monitor International Accounting - from WebCPA
New SEC Chair May Delay IFRS Roadmap - from WebCPA
Schapiro May Put IFRS on Ice - from Accountancy Age