News and Press Releases
The IFRS Foundation is calling for research proposals to help inform the International Accounting Standards Board’s planned post-implementation reviews of three Standards, focusing specifically on the quality of disclosures provided by companies applying IFRS 9 Financial Instruments, together with the disclosure requirements in IFRS 7 Financial Instruments: Disclosures, and on the disclosures required by IFRS 15 Revenue from Contracts with Customers.
The deadline for submitting research proposals is 31 March 2021.
More information available here.
The Trustees of the IFRS Foundation, responsible for the oversight and governance of the IASB, have confirmed the appointment of Professor Leslie Hodder (Indiana University, Kelley School of Business, USA) to the IFRS Advisory Council. The appointments takes effect on January 1, 2020 and is for a three-year period.
The Council advises the IFRS Foundation Trustees and the Board on strategic and technical matters. It consists of representatives from over 40 groups that are affected by and interested in international financial reporting, including academics, analysts, auditors, investors, preparers, professional accounting bodies, regulators and standard-setters. The Council membership is held by the organization concerned, and not its individual representative.
On 25 June 2019, IAAER facilitated an emerging scholars workshop at the University of Pretoria (South Africa). The workshop was held in advance of the Southern African Accounting Association (SAAA) Biennial International Conference.
The workshop commenced with a presentation by faculty members, Profs. Leslie Hodder and Patrick Hopkins (Indiana University), on research design considerations to meaningfully address audit and financial reporting issues. A presentation by Prof. Katherine Schipper (Duke University and IAAER past president) on how to read an archival accounting study complemented the morning of the workshop. In the afternoon, twelve emerging scholars from South Africa presented their research and obtained feedback from the IAAER mentors, which also included Prof Donna Street (University of Dayton and IAAER Director Research & Educational Activities) and Dr. Sebastian Hoffmann (University of Edinburgh and IAAER Vice-President Communications).
Since 2008 IAAER organizes annual paper development workshops for early career consortia on the days preceding the International Accounting and Management Information Systems (AMIS) conference in Bucharest, Romania. ACCA provides generous financial support for this workshop and supported 11 presenters and 10 other young researchers from Romania, Czech Republic, Poland and Turkey during this year’s workshop on June 3-4. Participants benefited from the presentations and feedback offered by 10 international mentors. The program included four panels and presentations on methodological issues, advice on how to conduct research and publish in international journals, and five sections where young scholars presented their research proposals and received individual feedback.
Following the workshop, 130 participants from 16 countries, academics and practitioners alike, attended the joint AMIS IAAER conference, held on June 5-6 in Bucharest, Romania. The program included six panels and 17 parallel sessions with 55 papers presented. IAAER co-organized two major panels. “The audit of the future”, moderated by Holger Erchinger (KPMG and IAAER Board of Advisors) and featuring Prof. Keryn Chalmers (Swinburne University of Technology and IAAER President) as well as “Financial reporting in a two-GAAP world”, moderated by Prof. Katherine Schipper (Duke University and IAAER past president) stimulated vibrant discussions among the conference delegates.
At the IAAER General meeting held on November 10, 2018 during the World Congress in Sydney, the following were elected to the Executive Committee for 2018-2020:
- President: Keryn Chalmers (Swinburne University, Australia)
- VP-Finance: Elizabeth Gordon (Temple University, USA)
- VP-Administration: Andrei Filip (ESSEC Business School, France)
- VP-Education: Lynnette Chou (National Chengchi University, Taiwan)
- VP-Research: Per Olsson (ESMT Berlin, Germany)
- VP-Conferences: Elmar Venter (University of Pretoria, South Africa)
- VP-Practice: Mark Protherough (ICAEW, UK)
- VP-Membership: Sylvia Meljem Enriquez de Rivera (ITAM, Mexico)
- VP-Communications: Sebastian Hoffmann (University of Edinburgh, UK)
VPs-at-large, representing Academic Accounting Associations:
- African Accounting and Finance Association: Venancio Tauringana (University of Southampton, UK)
- American Accounting Association, International section: Judy Beckman (University of Rhode Island, USA)
- ANPCONT (Brazilian Accounting Association): Claudio de Araujo Wanderley (Federal University of Pernambuco, Brazil)
- Association Francophone de Comptabilite: Cedric Lesage (Concordia University, Canada)
- Indian Accounting Association Research Foundation: Dhrubaranjan Dandapat (University of Calcutta)
- Japan Accounting Association: Akihiro Noguchi (Nagoya University)
- Nigerian Accounting Association: Clifford Obiyo Ofurum (University of Port Harcourt, Nigeria)
- Southern African Accounting Association: Rikus de Villiers (North-West University, South Africa)
VPs-at-large, assigned special responsibilities:
- Ann Tarca (IASB, UK)
- Clemente Kiss (CECCAR, Romania)
Per the constitution:
- Immediate Past President Katherine Schipper (US)
- Director of Research and Educational Activities Donna Street (at discretion of Executive Committee) (US)
More than 200 accounting academics and practitioners attended the 13th IAAER World Congress hosted in Sydney from November 8-10, 2018 by the University of Sydney Business School. Dr In-ki Joo, President of IFAC, and Mr Richard Howitt, CEO of the International Integrated Reporting Council, provided opening keynote addresses. The opening plenary session was followed by a full program of symposia, including contributions by members of IASB, IAASB, IAESB, IPSASB as well as leading practitioners and researchers, along with a large number of academic papers presented in concurrent sessions. A dinner cruise of Sydney harbor was enjoyed by many as one of the conference activities. The congress concluded with a gala dinner at the University of Sydney's historic McLaurin Hall. A full report on the World Congress will be available on the IAAER website soon.
The Monitoring Group (MG) has been reviewing the international standard setting process since early 2015. Following the November 2017 publication of the MG Consultation Paper outlining possible actions, a Summary of Feedback on the submissions collected and an independent analysis of that feedback (the Gibson Dunn report) commissioned by IFAC were issued and the MG held a series of roundtables. These analyses demonstrate that while there still are diverse views, there is agreement on a number of proposals and a timely resolution is needed. Against this backdrop, IFAC is pleased to share with you its “Perspectives on the Way Forward for Strengthening the Oversight and Operations of the International Audit & Assurance and Ethics Standards Boards”. The Way Forward identifies key areas of concern and proposes improvements to ensure the continued development of high quality international audit & assurance and ethics standards in the public interest. The paper notes the need to finalize the current review in a timely and responsible manner. Concluding this process will allow all parties to focus on implementation of improvements and on the continued development, adoption and implementation of high quality standards. We believe you will find this paper a constructive step forward in enhancing the standard setting process and that it is consistent with IFAC’s mission to serve the public interest by contributing to and promoting the development, adoption and implementation of high-quality, international standards. We encourage you to engage with your stakeholders on this topic as we all work to reach a timely and responsible resolution to these matters.
The International Association for Accounting Education and Research (IAAER) and Association of Chartered Certified Accountants (ACCA) have hosted their annual Central and Eastern European Emerging Accounting Scholars Research Workshop in Bucharest, Romania on June 11-12, 2018. The workshop was held in conjunction with the AMIS 2018 International Conference organized by the Bucharest University of Economic Studies, Romania, Faculty of Accounting and Management Information Systems. 20 young researchers from the Czech Republic, Estonia, Poland, Romania and Turkey presented a total of eleven research papers and proposals. The received detailed feedback and advice from eight international, accomplished accounting academics from the United States, the United Kingdom, Switzerland, France, Germany and Norway. The networking events, supported by the local ACCA office in Bucharest, have allowed participants to interact with each other as well as with the international mentors enabling them to build research networks within and outside of Europe. A similar workshop is expected to be held in June 2019. Visit www.iaaer.org regularly for updates and registration information.