International


IFAC issues public sector exposure draft on events that occur after the reporting date. Comments are due by May 31 ( www.ifac.org/Guidance/EXD-Download.tmpl?PubID=98044113798449 ).

IFAC exposure draft addresses segment reporting for public entities. Comments are due by May 31 ( www.ifac.org/Guidance/EXD-Download.tmpl?PubID=980441403101013 ).

Public sector disclosure of financial instruments is the subject of IFAC exposure draft. Comments are due by May 31 ( www.ifac.org/Guidance/EXD-Download.tmpl?PubID=980441670103481 ).

IFAC exposes draft on public sector accounting for investment property. Comments are due by May 31 ( www.ifac.org/Guidance/EXD-Download.tmpl?PubID=980441893105583 ).

IASC standard prescribes accounting treatment for agricultural activity. Effective for annual financial statement periods on or after January 1, 2003 ( www.iasc.org.uk/frame/cen2_141.htm ).

IFAC signs up with eXtensible Business Reporting Language consortium ( www.ifac.org/News/Initiatives.tmpl#1 ).

IFAC president outlines plan to improve global financial reporting and auditing ( www.ifac.org/News/Initiatives.tmpl#2 ).

U.K. regulator addresses operating lease incentives, Web site development costs ( www.asb.org.uk/publications/publication325.html ).

U.K. accounting standard setter issues discussion paper on small entity reporting. Comments are due by May 18 ( www.asb.org.uk/publications/publication324.html ).

SPONSORED REPORT

Get your clients ready for tax season

These year-end tax planning strategies address recent tax law changes enacted to help taxpayers deal with the pandemic, such as tax credits for sick leave and family leave and new rules for retirement plan distributions, as well as techniques for putting your clients in the best possible tax position.

RESOURCES

Keeping you informed and prepared amid the coronavirus crisis

We’re gathering the latest news stories along with relevant columns, tips, podcasts, and videos on this page, along with curated items from our archives to help with uncertainty and disruption.