IFRS ReportDesigned specifically for CPAs and those who work with the accounting profession, IFRS Report is a FREE monthly update from the AICPA on accounting for a global marketplace.&nbsp;Click&nbsp; <a href='http://www.smartbrief.com/ifrs/index.jsp?sb_code=rss'>here</a> to subscribe.http://www.smartbrief.com/news/ifrs?sb_code=rsshttp://www.smartbrief.com/images/homepage/hed-smartbrief.gifIFRS Reporthttp://www.smartbrief.com/news/ifrs?sb_code=rssen-us02 May 2013 06:28:13 CDTIncoming FASB chair: Convergence is immediate priorityhttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DEE9DFFD0-D855-4484-BB8B-01FA30721C6B%26copyid%3D9DD79CFF-C45E-427B-9777-288C923AC0C0%26brief%3Difrs%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DEE9DFFD0-D855-4484-BB8B-01FA30721C6B%26copyid%3D9DD79CFF-C45E-427B-9777-288C923AC0C0%26brief%3Difrs%26sb_code%3Drss%26%26campaign%3DrssRussell Golden, who will be sworn in on July 1 as chair of the Financial Accounting Standards Board, discussed his vision of  -More- ]]>02 May 2013 06:28:13 CDTIFRS UpdateFormer FASB chairman Robert Herz publishes memoirhttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DEE9DFFD0-D855-4484-BB8B-01FA30721C6B%26copyid%3D128BCDA3-8333-4445-BD48-46C75870AD04%26brief%3Difrs%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DEE9DFFD0-D855-4484-BB8B-01FA30721C6B%26copyid%3D128BCDA3-8333-4445-BD48-46C75870AD04%26brief%3Difrs%26sb_code%3Drss%26%26campaign%3DrssFormer Financial Accounting Standards Board Chairman Robert Herz gives his views on convergence and whether U.S.  -More- 

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]]>02 May 2013 06:28:13 CDTIFRS UpdateFASB lease proposal passes board vote by 4-3http://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DEE9DFFD0-D855-4484-BB8B-01FA30721C6B%26copyid%3DCD59486D-8961-46F6-A127-94721B6EE269%26brief%3Difrs%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DEE9DFFD0-D855-4484-BB8B-01FA30721C6B%26copyid%3DCD59486D-8961-46F6-A127-94721B6EE269%26brief%3Difrs%26sb_code%3Drss%26%26campaign%3DrssThe Financial Accounting Standards Board approved a proposal April 10 to require all leases to be reported on balance sheets, -More- ]]>02 May 2013 06:28:13 CDTRegulatory DevelopmentsInsurers warily eye IASB standard as it moves to completionhttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DEE9DFFD0-D855-4484-BB8B-01FA30721C6B%26copyid%3DFA28B9F1-F239-479C-AC2D-A9D221C806C2%26brief%3Difrs%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DEE9DFFD0-D855-4484-BB8B-01FA30721C6B%26copyid%3DFA28B9F1-F239-479C-AC2D-A9D221C806C2%26brief%3Difrs%26sb_code%3Drss%26%26campaign%3DrssThe International Accounting Standards Board will finalize next year a standard that will require insurance companies to use  -More- ]]>02 May 2013 06:28:13 CDTRegulatory DevelopmentsGlobal accounting standards forum meets for first timehttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DEE9DFFD0-D855-4484-BB8B-01FA30721C6B%26copyid%3D4B3E7B8F-3405-4FCB-855B-D361B8B1BCB8%26brief%3Difrs%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DEE9DFFD0-D855-4484-BB8B-01FA30721C6B%26copyid%3D4B3E7B8F-3405-4FCB-855B-D361B8B1BCB8%26brief%3Difrs%26sb_code%3Drss%26%26campaign%3DrssThe Accounting Standards Advisory Forum, the technical advisory body to the International Accounting Standards Board, began i -More- 

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]]>02 May 2013 06:28:13 CDTRegulatory DevelopmentsApplicable companies must implement IFRS 13 next reporting periodhttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DEE9DFFD0-D855-4484-BB8B-01FA30721C6B%26copyid%3DE0D1DF10-5046-40BD-B860-B858C2A05B66%26brief%3Difrs%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DEE9DFFD0-D855-4484-BB8B-01FA30721C6B%26copyid%3DE0D1DF10-5046-40BD-B860-B858C2A05B66%26brief%3Difrs%26sb_code%3Drss%26%26campaign%3DrssGuidance on measuring an asset's fair value went into effect Jan. 1. International Financial Reporting Standard No.  -More- ]]>02 May 2013 06:28:13 CDTIFRS at WorkIndian accounting body recommends banks implement IFRS in 2015http://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DEE9DFFD0-D855-4484-BB8B-01FA30721C6B%26copyid%3DDE5724C1-9E39-431F-BD0A-80B0B53D18A5%26brief%3Difrs%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DEE9DFFD0-D855-4484-BB8B-01FA30721C6B%26copyid%3DDE5724C1-9E39-431F-BD0A-80B0B53D18A5%26brief%3Difrs%26sb_code%3Drss%26%26campaign%3DrssThe president of the Institute of Chartered Accountants of India said his accounting body recommended that Indian banks not i -More- ]]>02 May 2013 06:28:13 CDTInternational WatchThai body sets timeline to conform with 2012 IFRShttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DEE9DFFD0-D855-4484-BB8B-01FA30721C6B%26copyid%3DB87C0172-17F8-4A6B-86C0-8B767AC36FBC%26brief%3Difrs%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DEE9DFFD0-D855-4484-BB8B-01FA30721C6B%26copyid%3DB87C0172-17F8-4A6B-86C0-8B767AC36FBC%26brief%3Difrs%26sb_code%3Drss%26%26campaign%3DrssThe Federation of Accounting Professions, the Thai accounting standards body, has set forth a timeline for the implementation -More- ]]>02 May 2013 06:28:13 CDTInternational WatchIFRS effective in Nepal as of July, accounting head sayshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DEE9DFFD0-D855-4484-BB8B-01FA30721C6B%26copyid%3D46885589-F5F0-4E4B-BABB-EEB46032AB7C%26brief%3Difrs%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DEE9DFFD0-D855-4484-BB8B-01FA30721C6B%26copyid%3D46885589-F5F0-4E4B-BABB-EEB46032AB7C%26brief%3Difrs%26sb_code%3Drss%26%26campaign%3DrssNepalese companies must adopt International Financial Reporting Standards by July, the chairman of Nepal's Accounting Standar -More- ]]>02 May 2013 06:28:13 CDTInternational WatchGet ready for the new revenue recognition standardhttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DEE9DFFD0-D855-4484-BB8B-01FA30721C6B%26copyid%3D8967BD5E-6F38-4C73-AAA0-3DC058B77C08%26brief%3Difrs%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DEE9DFFD0-D855-4484-BB8B-01FA30721C6B%26copyid%3D8967BD5E-6F38-4C73-AAA0-3DC058B77C08%26brief%3Difrs%26sb_code%3Drss%26%26campaign%3DrssThe Financial Accounting Standards Board is expected to release the final revenue recognition standard this quarter.  -More- ]]>02 May 2013 06:28:13 CDTAICPA NewsRevised AICPA Code of Professional Conduct exposed for commenthttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DEE9DFFD0-D855-4484-BB8B-01FA30721C6B%26copyid%3D6EA010F2-AC06-4F71-ADF5-B61386003016%26brief%3Difrs%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DEE9DFFD0-D855-4484-BB8B-01FA30721C6B%26copyid%3D6EA010F2-AC06-4F71-ADF5-B61386003016%26brief%3Difrs%26sb_code%3Drss%26%26campaign%3DrssThe Professional Ethics Executive Committee on April 15 released an exposure draft of a revised AICPA Code of Professional Co -More- ]]>02 May 2013 06:28:13 CDTAICPA NewsOur patience will achieve more than our force.http://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FquoteDetails.jsp%3Fissueid%3DEE9DFFD0-D855-4484-BB8B-01FA30721C6B%26copyid%3DC15F98DA-3FE0-4632-B714-3E02AF8F0E2B%26brief%3Difrs%26sb_code%3Drss%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FquoteDetails.jsp%3Fissueid%3DEE9DFFD0-D855-4484-BB8B-01FA30721C6B%26copyid%3DC15F98DA-3FE0-4632-B714-3E02AF8F0E2B%26brief%3Difrs%26sb_code%3Drss%26campaign%3DrssEdmund Burke,Irish statesman, author and orator -More- ]]>02 May 2013 06:28:13 CDTSmartQuote