Risk

Accounting for KVA under IFRS 13

The capital requirements of Basel 2.5 (BCBS-193, 2011) and Basel III (BCBS-189, 2011) have contributed to major reorganisations in trading activity post-crisis. Recent surveys (Sherif and Chambers ...
WatersTechnology

IFRS 13 Driving Level 3 Coding Work

With the International Financial Reporting Standard (IFRS) 13 for fair value accounting in place since January 1, the next concern about “Level 3” unobservable quotes is the coding of this data, ...
Houston Chronicle

Three Advantages to an End User of Using IFRS Accounting With Financial Statements

Accounting professionals are accustomed to complying with accounting standards. Generally accepted accounting standards set the guidelines for reporting financial transactions in the United States.
Investopedia

Inventory Accounting: GAAP vs. IFRS Key Differences

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance ...
Accounting Today

Accounting schools retooling for IFRS

Last spring, Rama Ramamuthy, a professor of accounting at William & Mary's Mason School of Business, devoted eight weeks of a graduate class to IFRS. Her students were "very receptive," she said, and ...
Risk

Accounting for KVA under IFRS 13

Changes in capital requirements due to Basel 2.5 (Basel Committee on Banking Supervision 2011b) and Basel III (Basel Committee on Banking Supervision 2011a) contributed to major reorganisations in ...