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INT'L FINANCIAL REPORTING STDS

International Financial Reporting Standards, which are issued by the International Accounting Standards Board, provide the framework for financial reporting in many countries. In the United States, the SEC is considering allowing U.S. issuers to prepare financial statements in accordance with IFRS. Will the adoption of principles-based IFRS enhance the transparency of financial information? Will the benefits to investors exceed the transition costs for companies?

Int'l Financial Reporting Stds is part of Business Exchange, suggested by Jessie Wagner. This topic contains 626 news and 194 blog items. Read updated news, blogs, and resources about Int'l Financial Reporting Stds. Find user-submitted articles and reactions on Int'l Financial Reporting Stds from like-minded professionals.

News

Recent news on this topic.

Why All the Secrecy at the FSB?more

from 17 countries sit on the steering committee, as well as the chairmen of bodies that include the International...

Kinross Reports 2011 First Quarter Resultsmore

-2.80% today announced its results for the first quarter ended March 31, 2011. (Effective January 1, 2011,...

Acadian Timber Corp. Reports First Quarter Results and Announces Decla...more

Company's operating performance. As EBITDA and free cash flow do not have a standardized meaning prescribed by...

Suncor Energy reports 2011 first quarter resultsmore

been prepared in accordance with Canadian generally accepted accounting principles (GAAP), using accounting policies...

Wipro outlook disappointsmore

current rates. Net profit for the fiscal fourth quarter rose to 13.75 billion rupees ($309 million) under international...

Strong Currency Lifts Korean Air's Profitmore

Yoo Deuk-sang, an analyst at Dongbu Securities. From the first quarter of 2011, Korean Air started complying with...

Canfor Pulp Products Inc. Announces First Quarter 2011 Results and Qua...more

Tax Act. SELECTED QUARTERLY FINANCIAL INFORMATION The information in the table below for 2010 represents the results...

Ballard Reports First Quarter 2011 Resultsmore

2011. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International...

South Korean Banks Profit Climbs 1.2% on Non-Interest Incomemore

Bank of Korea, National Agricultural Cooperative Federation and National Federation of Fisheries Cooperatives switched...

UPDATE 1-Embraer Q1 profit more than triples on taxes, costsmore

The earnings estimates were calculated based on U.S. accounting guidelines, while the company reported results based on...

South Korean Banks��� Profit Climbs 1.2% on Non-Interest Incomemore

Bank of Korea, National Agricultural Cooperative Federation and National Federation of Fisheries Cooperatives switched...

Groupe Jemini: Excellent Results for 2010more

Basis Points to 18.6% - Net Income: + 32.2% to EUR1.7 Million Pro forma accounts (IFRS) Dec 31, 2010 Dec 31, 2009...

Kia Motors' profit nearly doubles, sales increasemore

States in West Point, Georgia.Kia said that its results from the first quarter were now based on international...

Hyundai Heavy Boosts Profit on Offshore Units, Ship Pricesmore

which includes earnings at affiliates, at a later date. South Korean companies have moved to using the Korean...

Wall Street Beat: Tech Sales Stay Strongmore

on the last day of the quarter). Profit came in under expectations, however, at ?403 million. When using international...

Asia Shares Slip on Pre-Holiday Jittersmore

better than what we had estimated; the fact that this sharp rise coincides with the adoption of the IFRS accounting...

PetroChina's net profit soars to 37 billion yuan in Q1more

and gas company's first-quarter financial performance report. The net profit figure will be slightly different if the...

Samsung Electronics Q1 profit falls 30%more

enough chips in advance on concerns over possibly supply shortages. Samsung's results are consolidated and based on...

MorphoSys AG Reports Strong Results for the First Quarter of 2011more

MOR 0.00% today announced its financial results for the three months ending March 31, 2011 according to International...

CORRECTED-UPDATE 1-Sinopec Q1 up 25 pct helped by higher gas outputmore

restated 16.5 billion recorded a year earlier, it said in a statement. The results are based on international...

Glass Earth Gold Limited: Financial Statements and Management's Discus...more

pertaining to that period with appropriate regulatory authorities. As advised on April 12, 2011, Glass Earth has...

Bombardier Reports the Impact of the Adoption of International Financi...more

14% /quotes/comstock/11t!e:bbd.b CA:BBD.B -0.14% today announced the release of its restated results under IFRS for the...

Kia Motors Net Profit Jumps 91%; Optima Growth Catalyst for 2011more

trillion Korean won from 7.795 trillion Korean won. Kia's year-earlier figures have been restated to meet International...

Winpak Reports First Quarter Resultsmore

share (cents) 23 23 -------------------------- -------------------------- Basis of Presentation The 2011 amounts have...

Hyundai Motor quarterly profit rises 46 percentmore

million vehicles for this year.Hyundai said that its results from the first quarter were now based on international...

Top Sources: Int'l Financial Reporting Stds

  • The Hindu
  • VNUNet.com
  • MarketWatch
  • viewer.zmags.com
  • Reuters
  • iasb.org
  • Reuters UK
  • BusinessWeek
  • Globe Investor
  • Yomiuri Shimbun

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