December 15, 2016 BY Valentina Kirilova

IOSCO stresses importance of implementation and disclosure related to new accounting standards

The Board of the International Organization of Securities Commissions (IOSCO) published today a Statement on Implementation of New Accounting Standards related to revenue, financial instruments, and leases. The three new International Financial Reporting (IFRS) Standards, issued by the International Accounting Standards Board, are expected to significantly affect the financial statements of many issuers globally, given…

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