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reportingSEC-PRESS
April 1, 2025 Β· 3 min

🏟️ SEC Calls Foul on $284 Million Sports Complex Fraud

The SEC is blowing the whistle on three individuals from Arizona for allegedly duping investors with fake documents in a $284 million municipal bond scheme to fund a massive sports complex.
reportingIASB-NEWS
April 1, 2025 Β· 3 min

πŸ“ŠIFRS Foundation's 2024 Annual Report: The Numbers Game

The IFRS Foundation just dropped its 2024 annual report, highlighting major strides in accounting standards and sustainability disclosures. Here's what you need to know.
reportingFASB-NEWS
March 31, 2025 Β· 2 min

πŸ—οΈ FASB Clarifies Retainage Rules for Construction Contracts

The FASB has released new guidance to help construction contractors better understand and apply revenue recognition rules related to retainage provisions.
reportingIASB-NEWS
March 31, 2025 Β· 2 min

🌍IFRS Launches Webcast Series on Sustainability Risks and Opportunities

The IFRS Foundation just dropped a webcast series to guide companies on disclosing sustainability-related risks and opportunities. Get ready to understand material information like never before!
reportingIASB-NEWS
March 31, 2025 Β· 2 min

πŸ“ŠMarch 2025 IFRS for SMEs Accounting Standard Update

The IASB has just released the third edition of the IFRS for SMEs Accounting Standard. This update includes new resources and guidelines for implementation.
reportingFASB-NEWS
March 30, 2025 Β· 2 min

πŸ“ŠFASAC Meeting March 2025: Accounting Twists and Turns

In their latest pow-wow, FASAC tackled leases, consistency, and derivatives, uncovering some eyebrow-raising insights and suggestions for the FASB.
reportingSEC-PRESS
March 27, 2025 Β· 2 min

🌍SEC Votes to End Defense of Climate Disclosure Rules

In a surprising pivot, the SEC has decided to stop defending its climate disclosure rules, citing costs and intrusiveness. This move leaves the fate of these rules uncertain as litigation continues.
reportingIASB-NEWS
March 27, 2025 Β· 2 min

πŸ”IFRS Accounting Taxonomy 2025 Unveiled

The IFRS Foundation has released the IFRS Accounting Taxonomy 2025, revolutionizing digital financial reporting. This update aligns with new standards, making financial data more accessible and transparent for investors.
reportingFASB-NEWS
March 26, 2025 Β· 3 min

πŸ’ΌFASB Shakes Up Public Markets Advisory Committee

The FASB just revamped its Public Markets Advisory Committee, adding new members to bring fresh perspectives from the public markets. Get ready for some insightful changes!
reportingIASB-NEWS
March 26, 2025 Β· 2 min

πŸ’ΌNew Resources for IFRS for SMEs Accounting Standard

Get up to speed with the latest changes in the third edition of the IFRS for SMEs Accounting Standard with two new resources: a podcast and a webcast. Perfect for SMEs and their financial statement users!