International Financial Reporting Standards (IFRS) are far more commonly used in Europe, Asia, Africa, the Middle East, Australia, and South America -- basically anywhere but the United States and ...

Following 2021 COP 26 in Glasgow, the International Financial Reporting Standards Foundation formed the International Sustainability Standards Board to draft sustainability reporting requirements.

Despite a very uncertain economic climate, investors can at least feel confident that audited financial reports are more ...

The International Auditing and Assurance Standards Board released a first-time implementation guide Thursday for the International Standard on Auditing for Audits of Financial Statements of Less ...

To stay effective and relevant, the accounting industry is constantly refining its standards. In an interview with dm Money’s Racheal NabisubI, Charles Lutimba, the director of standards at the ...

The International Financial Reporting Standards (IFRS) system—the most common international accounting standard—is not a rules-based system. The IFRS states that a company’s financial ...

Global Reporting Initiative (GRI) Standards, International Financial Reporting Standards (IFRS) S1 and S2, UN Global Compact Index, and Sustainability Accounting Standards Board (SASB) reporting ...