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The relevance of financial statements of companies could be enhanced if accounting standards permitted companies to recognise internally generated intangible assets, argues the ICMA’s chief executive. read more

The Federal Government’s relief in the area of insolvent trading has been welcomed but the notion of it being in place solely for six months is incredibly flawed. read more

Staff at banks and other large organisations will need to be more aware of where they are in relation to their colleagues when they eat, drink and celebrate milestones at the office as reopening follo.. read more

  The Global Reporting Initiative, the International Integrated Reporting Council and the Sustainability Accounting Standards Board are working on whittling down the differences between standards. read more

Australia’s audit standard setting chief is flagging possible changes to the way auditing standards look following the impact of the coronavirus pandemic on the way auditors fulfil their role. read more

Banks and other workplaces will see the interplay of different attitudes amongst employees as they return from self-isolation, says a clinical psychologist. read more

Chatter, phone calls and raised eyebrows greeted the announcement of the appointment of the new chairman of the Australian Accounting Standards Board two weeks ago. read more

Accounting standard setters usually take forever to issue guidance on substantive topics but it took only a matter of weeks to pull together a guide on the essential accounting and auditing issues ari.. read more

Estimated credit losses are causing headaches for the banking sector as a result of the economic downturn resulting from the pandemic, but the London-based International Accounting Standards Board has.. read more

A tax guru currently sitting on the Administrative Appeals Tribunal has been chosen by the Federal Government to head the tribunal, which sets accounting standards. read more