• FASB suspends income tax project 
  opinions: 1    последнее :
  I would like to pose a question being that my major is in accounting. I sit rying to figure out the question is that FASB and the IFRS going to merge or go to one or the other and how can I prepare for this change as far as school is concern. Do I h Kenneth Bledsoe
• Fair value standard will be released next month: Tweedie 
  opinions: 1    последнее :
  IFRS foundation and IASB should try to find a solution on new Fair value standard. They should not accept any interference from the AICPA / FASB / US-SEC to dilute the standard. US has made a case that last US-Financial meltdown was to a large ex Al Khan, CA
• Global anti-bonus campaign 
  opinions: 1    последнее :
  First, Executive Compensation and re-election of Directors must be totally re-examined afresh to come up with legislation to control corporate greed and accounting sheningans by corporations. Second, a cap on tax deductibility of executive compensa Al Khan
• A new Web site is providing sample questions for the CPA Exam for free 
  opinions: 2    последнее :
  2 Mohit. Not too much, but still better than nothing: http://www.gaap-ifrs.com/special/tests/ifrs.asp Alexander Kurnikov

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The International Accounting Standards Committee (IASC) Foundation published today the second batch of training material for the International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs). The training material is designed to assist companies and accounting practitioners in applying the IFRS. It will also assist educators in teaching how to apply the IFRS for SMEs. The remaining material will be published in the course of this year as it is completed.

The free-to-download training material forms part of a range of initiatives undertaken by the IASC Foundation and the International Accounting Standards Board to support the widespread adoption of the IFRS for SMEs.

Train-the-trainers programme

As part of these activities the IASC Foundation recently held Train-the-Trainers workshops in India and Malaysia jointly with the Confederation of Asian and Pacific Accountants (CAPA). The workshops support the development of local trainers to teach implementation of the IFRS for SMEs within their own jurisdictions.
The next IASC Foundation workshop will be held in Tanzania on 11−13 May 2010, hosted jointly with the Eastern Central and Southern African Federation of Accountants (ECSAFA). Similar regional workshops will be held in the Middle East, Latin America and the Caribbean later in 2010.

IFRS for SMEs email alerts

The IASC Foundation has today also introduced an IFRS for SMEs email alert to allow interested parties to keep up to date on developments related to the standard. Registration is free.