I am obliged to Edith Orenstein at the Financial Executives Institute (FEI) blog for her article yesterday.
…..the documents which are now available by free download on the IASB website include International Financial Reporting Standards (IFRS) issued by the IASB and interpretations issued by the IASB’s International Financial Reporting Interpretations Committee (IFRIC), as well as standards originally issued by the IASB’s predecessor organization, the International Accounting Standards Committee (IASC)
Certain information such as the basis for conclusions is not included in this program. You will have to subscribe to a paid service. I believe that the complete material is available through the Knotia site of the CICA.
More information about this significant change in policy can be found on the IASB site. Check out the Education initiative.
As well, the IASB has announced that the bound volume of IFRS, previously only available from London, will now be distributed for sale in Canada, the USA (an possessions) and Mexico.
All this is a significant step. Thanks to IASB. I believe it is an essential step to encourage acceptance.
Edith also points out that comments are due on Monday on the SEC’s IFRS Roadmap. Looks like over 100 comment letters received by the SEC as of today - it will make interesting and heavy reading.
{ 1 comment… read it below or add one }
Darla,
Thanks for the cite, and congrats on your new site!