Thanks to my mask-wearing, socially isolated but still diligent mole at the IFRS Foundation, I’m pleased to present another selection of recent correspondence to and from the office of IASB Chair Hans Hoogervorst, this time on the burning topic of covid-19. Please read and marvel. Dear Mr. Hoogervorst. I currently live in an environment where…

The biggest mistake people make in implementing IFRS, if you ask me, is to expect the worst. I’m telling you, it’s always easier than you expect. If it were me, I wouldn’t even start until a week or two before the deadline, and even then I’d take long lunch breaks. Oh wait, someone’s trying to…

Earlier this year, I built an article around the following extract from a Hans Hoogervorst speech: Given the voluntary nature of IFRS adoption, we like to believe that the adherence to our Standards is a reflection of the quality and inclusiveness of our work. More importantly, most of our stakeholders resist the temptation of modifying…

We can all agree that the only thing that matters in implementing any aspect of IFRS is to proceed with a broad, sweeping vision, focusing entirely on the big picture and ignoring all the small stuff. That’s really all I wanted to say today, so I’ll wrap it up there. Oh wait, I’m being informed…

I don’t know if it’s entirely a compliment to the rest of this blog that one of the most all-time popular posts (at the time of writing, it’s 11th out of more than 360, with over 1,000 views) is the one I wrote some years ago on Accounting for Girlfriends… I feel a little guilty…

Courtesy of my mole at the IASB, I’m honoured to be publishing for the first time a WikiLeaks-worthy treasure trove of correspondence to and from the office of Chair Hans Hoogervorst. Read along now and dive as no mere civilian ever has before into the deep and complex waters of standard-setting. Dear Mr. Hoogervorst Every…

Louis Armstrong sang it like this: We have all the time in the world Just for love Nothing more Nothing less Only love Nothing more, nothing less? But surely we have time for at least one thing more – to implement IFRS? Oh wait, here’s some news coming in… September 2004 “Implementation of IAS 39…

“To enable us to consult widely,” says the IFRS Foundation on its website, “we work closely with a wide network of advisory committees and bodies, representing the many different stakeholder groups that have an interest in and are affected by financial reporting.” It goes on: “These groups and bodies are important channels for us to gather…

It’s time for another batch of real-life tweets devoted to IFRS, which I present here as an important public service in their original form – misspellings, obscenities (and there are some) and other oddities intact. And unlike last time, I’ll leave Trump out of this. Well, the process of scrolling through Twitter for IFRS-related material I might…

The past year provided little respite in the long-established war over non-GAAP measures… You all know how it goes, but here it is again anyway: on the one hand, these measures seem to many to provide a perspective on financial condition or performance that isn’t as clearly obtained from the IFRS-compliant financial statements. On the…