ACCA

Archives for financial reporting

Since the financial crisis, the banking sector has been affected by issues linked to accounting policies and standards. These include challenges associated with fair value accounting, pro-cyclicality and comparability of numbers, as well as performance in financial reports. It is reassuring that after the G20 request to international standard-setters in April 2009 to clarify accounting… » read more

Posted by cecilebonino

eXtensible Business Reporting Language (XBRL) is a tool designed for the digital communication and presentation of financial and business data. It has been developed to allow users throughout the world to easily access timely accurate and relevant financial information from both world-wide and local organisations. However, although internal use and basic forms of digital reporting… » read more

Posted by cecilebonino