The International Accounting Standards Board has published for public comment a discussion paper exploring possible changes to the IASB’s Conceptual Framework for Financial Reporting. The discussion ...

The conceptual framework is a series of Statements of Financial Accounting Concepts (SFACs), taken as a whole, set the objectives, characteristics and other concepts that determine how financial ...

The Financial Accounting Standards Board released a new chapter of its Conceptual Framework on the measurement of items recognized in financial statements, while also drawing that long-running project ...

2018 is looking to be a busy year as far as financial reporting changes are concerned. There will be two major new standards adopted this year — one for revenue recognition and another one for ...

The Nigerian Accounting Standards Board (NASB) said it is set to issue a new accounting standards for Small and Medium Scale Enterprises (SMEs). This was disclosed by the NASB Executive Secretary, Mr ...

The Ministry of Finance (MoF) organised a roundtable session to discuss the latest updates regarding the Federal Government’s Accounting Standards Manual and the Federal Government Financial Policies ...

The Nigerian Accounting Standards Board (NASB) said it is set to issue a new accounting standards for Small and Medium Scale Enterprises (SMEs). This was disclosed by the NASB Executive Secretary, Mr.