New financial statement reporting requirements for healthcare entities and insurers

An Ontological Approach to XBRL Financial Statement Reporting

As a standard for the exchange, transmission, and reporting of accounting and financial data, XRBL goes a long way toward standardization. However, as the extent of contemporary financial markets is now global, XBRL reporting must transcend or accommodate differences in reporting standards. While XBRL has been of great help in standardizing the presentation of the U.S. GAAP and IASB standards, ...

Technical Challenges of Implementing Fair Values in Financial Reporting of Iran: Emphasizing on IFRS13 Requirements

Objective: By the full adoption of IFRS, measurement and disclosure of fair values become more common in Iranian financial reporting. The present study aims to identify the technical challenges of fair value measurement and disclosure in accordance with the proposed framework in IFRS13 as well as technical factors underlying resistance to fair-value based financial reporting from accounting and...

The Islamic Financial Reporting Goals and convergence with International Financial Reporting Standards (IFRS

According to some accountants, financial reporting in the islamic countries should be based on fairness, goodness and morality. This study examined the possibility of modifying the conventional framework for reporting in line with Islamic accounting objectives and to adapt the process of recognition and reporting financial events in accordance with the Shari'a principles. The research method is...

Business strategy and financial reporting readability

Business strategy exerts a considerable impact on complexities, risk and corporate environmental uncertainties as well as the way of providing financial reporting. On this line of argument, therefore, the present study seeks to scrutinize the effect of business strategy on corporate financial reporting readability. In doing so, Fog and Fletch indices are employed to measure financial reporting ...

New Approaches for Monitoring and Reporting Healthcare-Associated Infections