The International Public Sector Accounting Standards Board has approved its Conceptual Framework for General Purpose Financial Reporting by Public Sector Entities. The framework establishes the ...

An international committee has unveiled a draft framework for combining financial reporting with other aspects of an organization’s performance, including the environmental and social context.

In recent years, British and American public opinion has increasingly shifted in favor of climate action. As a result, political will has followed suit. President Elect Joe Biden made a clean energy ...

The Financial Reporting Council (FRC) of Nigeria has announced plans to integrate the Accounting and Auditing Organisation for ...

It should be no surprise that accounting standards have become more complex over the years. Transactions have become increasingly challenging as new products and services emerge and financial ...

Stakeholders across Nigeria’s financial services industry have converged in Abuja as the Financial Reporting Council of ...

The Financial Reporting Council of Nigeria has announced plans to formally integrate Islamic Finance Services into the country’s financial reporting framework. This was disclosed in a statement made ...

Financial statements and reports are used to tell a quantitative story. Numbers don't lie and can be easier to communicate, so financial reports are heavily used as tools for managing performance in ...

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When everyone trusts the numbers and speaks the same analytical language, finance empowers the organization to make faster, ...

The Taskforce on Inequality and Social-Related Financial Disclosures (TISFD or the Taskforce) is a novel initiative, launched late in 2024, aimed at addressing the growing importance of inequality and ...

For more than 30 years, U.S. government agencies have published corporate-style financial statements with relatively little change in their look and feel. In what now could be considered a ...