One significant change in International Financial Reporting Standard (IFRS) 9 Instruments is how firms’ equity financial assets (EFA) are presented. The default EFA presentation at fair value through profit or loss (FVTPL); however, IFRS allows irrevocable of other comprehensive income (FVTOCI). Although FVTOCI the most common for both before and after 9, there a increase use FVTPL post via an ...

National standardsetters and other observers continue to express concerns over a principles-based developed IFRS taxonomy. Based on the comments as part of consultation phase taxonomy due process worries exist that combine with standard might negatively impact nature standards. Recent IASB “IFRS Taxonomy Due Process” contain more arguments why accounting are perceived conceptual conflict. Altho...

The purpose of this article is to study the state global convergence financial reporting standards at present stage, as well consider key points process unification International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). To achieve goal, considers concepts convergence, harmonization standardization, presents an analysis intensity use these concept...

The pur­pose of this art­icle is to ana­lyze the ef­fects man­dat­ory trans­ition IFRS (In­ter­na­tional Fin­an­cial Re­port­ing Stand­ards) in Hun­gary at be­gin­ning 2017 (Act CLXXVIII 2015) on profits and fin­an­cial per­form­ance com­pan­ies lis­ted Bud­apest Stock Ex­change. re­search as­sumes a change ac­count­ing reg­u­la­tions that will af­fect meas­ure­ment res­ults valu­ation pro­ced­...

The main objective of the research is: examining compliance (or non-compliance) companies listed in Iraq Stock Exchange with requirements International Financial Reporting Standard (8) IFRS, regard to sectoral numbers and resulting disclosures, after discussing theoretical dimensions international standard, it came practical side, which included taking a sample on Exchange, subject research, we...