Financial statements report the business activities and financial performance of a company. Learn how they are used by executives, investors, and lenders.

Accounting professionals are accustomed to complying with accounting standards. Generally accepted accounting standards set the guidelines for reporting financial transactions in the United States.

The International Financial Reporting Standards Foundation has published a set of near-final examples showing how companies can improve the reporting of uncertainties in their financial statements ...

THERE IS A CLEAR TREND toward adopting IFRS as the single body of internationally accepted financial reporting standards. In the next few years, thousands of companies will move to IFRS as a primary ...

The Securities and Exchange Commission has released two eagerly anticipated staff papers comparing International Financial Reporting Standards with U.S. GAAP and analyzing IFRS in practice at foreign ...

Under the current rules of the US Securities and Exchange Commission (SEC), foreign issuers are allowed to use International Financial Reporting Standards (IFRS) financial statements in their ...

ZURICH, Switzerland, Dec. 5-- Swiss Re issued the following news release: Swiss Re announced today that it will adopt International Financial Reporting Standards (IFRS) for its consolidated financial ...

Accountants preparing and auditing financial statements for U.S. companies stand a good chance of encountering IFRS. The SEC requires financial statements to be filed in U.S. GAAP, and U.S. users of ...

The DRSC will assist the IFRS Foundation and the ISSB in further shaping the IFRS Sustainability Disclosure Standards.

March 2026. IPJSC T-Technologies (MOEX: T), a technology company developing a financial and lifestyle ecosystem, announces ...

To smooth the transition, Irdai has proposed parallel reporting under both Ind AS and Indian GAAP during the first year of implementation ...