Monthly Archives: December 2008
Adoption of IFRS in the U.S. – are we ready in the U.S.?
The AICPA is full steam ahead moving with the IFRS in the U.S. in 2014, without providing any strong justification to abandon the current U.S. GAAP. Did you ever guess… Read more
Practical Implementation Issues of IFRS adoption in Thailand
In the speech made by Mr. Thirachai Phuvanatnaranubala, Secretary-General, Securities & Exchange Commission, Thailand at the UNCTAD Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR) on 21 November… Read more
What is International Accounting Standards Board (IASB)?
Brief explanation as to what is International Accounting Standards Board (IASB), including the structure and brief description of the standard setting process.
What is the owner occupies a portion of the investment property for its own use?
Assume that an entity had a vacant building which is leased out to an unrelated third party under an operating lease. However, the entity occupies an insignificant proportion of the building. Can… Read more