KPMG welcomes the International Accounting Standards Board’s new general hedge accounting standard – IFRS 9 Financial Instruments (2013). Companies with significant commodity price exposure most likely to welcome changes KPMG welcomes the International Accounting Standards […] Hedge accounting to align more closely with risk management […]
The International Accounting Standards Board is today issuing the fourth and final version of its new standard on financial instruments accounting – IFRS 9 Financial Instruments. This completes a project that was launched in 2008 New accounting standard on bad debts completes response to GFC […]
Highly data-driven companies are three times more likely to report significant improvement in making big decisions, but only 1 in 3 executives say their organisation is highly data driven More big decisions are made opportunistically Executives relying on gut, not gigabytes, when making big decisions, EIU/PwC report finds […]
While the eurozone prepares to feel the effects of the sanctions imposed on Russia, apprehension is growing in the region as the gross domestic product of Germany shrank and France’s stagnated in the second quarter, says Eurozone Economy Flatlines in 2Q […]
As it prepares for the launch of its much-heralded IPO, Chinese e-commerce giant Alibaba might have to do a better job with its due diligence on companies it has acquired. Its newly purchased television and film subsidiary Alibaba Uncovers Questionable Accounting By Media Unit […]
JUST as the U.S. economy is strengthening, other countries are threatening to drag it down. Employers in the U.S. are creating jobs at the fastest pace since the late 1990s and the economy finally looks Why the US could dip into recession […]
Australia’s continued economic success is at risk unless industries and workers adapt to win business in a highly competitive global marketplace, a new report says. Changes are happening in demand, as new markets emerge in Go global or risk failure, report warns […]