The IFRS Foundation has signed a memorandum of understanding with the World Bank to help developing countries use International Financial Reporting Standards. The two organizations, which have ...

Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. International ...

The implementation of International Financial Reporting Standard (IFRS) 17 – the global standard that will replace IFRS 4 – represents the biggest change to the insurance industry for more than a ...

IFRS 17 was met with resistance from insurers who said it would be costly to implement in a short time. We’re in the home stretch! Yet, with less than a year left until the implementation date, a ...

The IFRS Foundation said Wednesday it has completed the first phase of an effort to assess the state of progress on global adoption of International Financial Reporting Standards. The G-20 has called ...

To start with, International Financial Reporting Standards (IFRS) are a set of accounting standards developed by the International Accounting Standards Board (IASB) to provide a common language for ...

IFRS 17, which goes into effect in 2021, represents one of the most significant shifts to insurance accounting requirements in the last 20 years. Workday and Aptitude Software have partnered to create ...

LONDON, May 15, 2017 -- The IFRS Foundation has announced a new cooperation agreement with the World Bank to provide greater support to developing economies in their use of IFRS Standards. The ...

Stefan De Lombaert, SAS: IFRS 17 is scheduled to be applied on or after January 1, 2022. It will have implications on financial disclosures and profound operational impacts on all aspects of the ...